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Community Economics assists nonprofit developers in utilizing public purpose and private activity tax-exempt bonds as a method of financing affordable rental projects. In particular, CEI works with sponsors to find the best type of bond structure and credit enhancement for each project.
CEI's services for tax-exempt bond financing include:
- initial feasibility analysis, including issuance costs and fees
- evaluation of alternative forms of credit enhancement
- determination of the most appropriate bond structure (fixed rate or low- floater; private placement or public sale; etc.)
- assistance in obtaining credit enhancement
- structuring the bonds to work with tax credit and other sources of financing
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