Lower Your Cost of Borrowing with Tax-Exempt Bonds
The Maricopa County IDA offers a way for private borrowers to receive tax-exempt bond financing. The loan proceeds originate from a bank or bondholders to the borrower. The bonds issued by the Maricopa County IDA, through its authority under Arizona law, are exempt from federal and state income tax.
Each project must have a public purpose and must be considered a qualified private activity bond as defined by the Internal Revenue Code. In addition, the borrower must agree to the Maricopa County IDA’s Bond Financing Fees.
Eligible Projects
| Affordable Housing Tax-Exempt bonds for affordable Single Family and Multifamily (apartments) Housing. |
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| Non-Profits 501(c)(3) Low-cost capital for educational institutions, healthcare facilities, senior care, community centers, and other 501(c)(3) organizations. |
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| Infrastructure (Exempt-Facility Bonds) Pay for Infrastructure costs with tax-exempt bonds. |
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| Manufacturing Save money on your manufacturing facility with lower interest rates. |