Generally speaking, it takes approximately 12 weeks to produce a bond issue. The Authority maintains flexible pool scheduling, so it is best to let us know your plans as soon as possible even if it is a year away.
Yes. It is strongly advised that all borrowers have their own counsel. Legal fees are typically included in cost of issuance and not paid out of pocket.
Construction accounts are established at closing with our bond trustee. Accessing those funds is simple and straightforward with a simple, fast requisition process.
Yes, there is an 18-month look back window for project related expenses on new money deals. Keep good records and documentation for reimbursement which can often be paid out on the day of closing.
