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Private Activity Revenue Bonds (Maryland)

Eligibility 
Nonprofit
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Maryland
Program Type 
Bond Program
Provider 
Maryland Department of Business and Economic Development

Private Activity Revenue Bonds are available in the form of both taxable bonds and tax-exempt bonds. Both types of bonds provide access to long-term capital markets for fixed asset financing. Eligibility for the tax-exempt bonds is limited by Federal tax law to 501(c)(3) non-profit organizations and manufacturing facilities. Additional limitations apply to the specific transaction type.