Tax Exempt Bond Financing

One way for developers to increase their financial return is to take advantage of Tax-Exempt Bond Financing. Tax exempt Bond Financing provides long-term, below market interest rates for the financing of the construction, acquisition and rehabilitation of affordable rental housing.

This type of financing, however, contains complicated steps which involve multiple government agencies and financial institutions, both of which can make the process extremely difficult and complex.  With the experience that Great Lakes has gained by completing multiple Tax-exempt Bond Financing transactions, we can offer our assistance to ensure that your transaction is structured in a way that will maximize your financial returns.  

Great Lakes Financial Group offers the following services:

• Prepare or review applications for tax-exempt bond authority and non-competitive housing tax credit
• Provide pre-scoring analysis of applications to optimize likelihood of obtaining tax-exempt bond financing
• Develop feasibility analyses and financial projections

For further inquiries, please contact Jeff Ross at 216.861.1300 x203