Overview | Programs | Deadlines | Fees | Staff
Applicants of the Exempt Facilities Program are pollution and waste control facilities who are interested expanding their business. Size of the expansion, the number of new jobs, and high wages are an important factor in weighing the approval of the application.
There is a cap of $10,000,000 for each allocation request. However, if the project can show good reason for a waiver of this cap, the allocation may be higher. Also, at least 20% of the financing for the project must be taxable.
Applicants must submit a complete application (including appropriate fees) on or before the deadline for the target board meeting. Each application is thoroughly reviewed by an analyst and staff before it is submitted for approval to the Private Activity Bond Review Board. Missing information or fees may delay the application process.
At this time, we have not formally approved an official application for the Exempt Facilities Program. Most of the information requested on the Manufacturing Facilities application is relevant to Exempt Facilities. After the application is submitted, our analyst will contact applicants for other pertinent information. Please refer to the Manufacturing Facilities application.