Qualified Non-Profit 501(c)(3) Bonds

The project must be owned by a 501(c) (3) corporation and at least 95% of the facilities must be used by a 501(c) (3) corporation in conjunction with its tax-exempt mission.

Program Details:

  • 120% average maturity limit
  • public hearing requirement
  • 2% issuance cost limit
  • Prohibition of direct or indirect federal guarantee