Gives smaller organizations the ability to borrow money in the capital market at investment grade rates.  The program benefits larger businesses that would otherwise find an investment grade rating costly and difficult to maintain.

• Pooled bond program managed & administered by the Port Authority
• Financing between $1.5 million and $9 million
• Financing of fixed assets, land, buildings and select machinery & equipment
• Fixed interest rates that are based on the taxable or tax-exempt bond rates, which are set when the bonds are sold
• A- credit rating

Providing tax and liquidity advantages to businesses during construction and beyond.  Ideally suited for organizations that want to construct a new facility, but may not want to own it during the loan term.  The Port Authority can own the facility and lease to the borrower.

• State sales tax exemptions
• Lease options customized for project needs

Helps municipalities and developers finance public infrastructure improvement projects.  Attractive for mixed-use developments.

• Tax increment and/or special assessment
• Sales tax exemptions on construction materials

Giving larger businesses access to the capital market on their own credit.

• Land, buildings, select M&E
• Taxable or tax-exempt rate options
• Long-term, 100% financing

Providing tax and liquidity advantages to businesses during construction and beyond.

• Sales tax exemptions on construction materials
• Lease options customized for project needs