Industry Groups Tout Tax-Exempts Over Tax-Credit Bonds for 501 (c)(3) Borrowing

McConnell, Alis0n L.
March 2006
Bond Buyer;3/31/2006, Vol. 355 Issue 32351, p5
Trade Publication
The article reports on the continuous used of the traditional tax-exempt financing simply for 501(c)(3) borrowing, rather than the use of tax-credit bonds. The Association of Higher Education Facilities Authorities and the National Council of Health Facilities Finance Authorities have given their strong support in utilizing the system to charitable, health care, and higher education institutions. But, the NAHEFA and NCHFFA argued that the federal appropriation process is far from efficient and rational.


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