Taxable Bond Financing
One way for developers to increase their financial return is to take advantage of Taxable Bond Financing. Taxable 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 GLFG has gained by completing multiple Taxable 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 taxable bond authority and non-competitive housing tax credit
- Provide pre-scoring analysis of applications to optimize likelihood of obtaining taxable bond financing
- Develop feasibility analyses and financial projections
For further inquiries, please contact Joe Bobeck at 216.861.1300 x212 or email jbobeck@greatlakesfg.com