A Florida special development financing authority since 1993.
501(c)(3) Organizations
The Florida Development Finance Corporation [FDFC] provides access to private activity bonds for eligible entities holding a Nonprofit 501(c)(3) status under the Internal Revenue Code.
Bond
Financing
501 (c) (3) Organizations
Eligible Borrowers
Minimum Requirements:
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Be a US-based company.
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Be registered to do business in Florida.
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Be able to meet a minimum of 3 years of operating history
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Be designated as a Nonprofit 501(c) (3) status by the Internal Revenue Service
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​Charitable Organizations
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Food Banks
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Community Programs
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Healthcare Organizations
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Hospitals
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Assisted Living Facilities
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Urgent Care Centers
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Educational Organizations
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Private Schools
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Charter Schools
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Research Institutions
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Recreational Organizations
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Veteran Support Centers
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​Community Centers
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Museums
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Art Galleries
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Youth Clubs
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The meaningful benefits of Tax-Exempt Bond Financing:
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Lower Rates
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Tax-exempt bonds generally offer lower interest rates because banks and investors are willing to accept a lower interest rate when they do not have to pay tax on the interest they receive on the bonds.
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Longer Terms
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The FDFC is able to offer terms up to 35 years.
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501 (c) (3) organizations can use Tax-Exempt Bond Financing to fund:
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Capital projects including
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Construction
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Renovation
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Rehabilitation of facilities and equipment.
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Benefits of Bond Financing
Eligible Projects
Next Steps
Connect with us
Our goal is to connect Florida Projects, here are immediate next steps to start the process:
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Determine capital needs.
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Create a financial model.
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Determine how much debt can be supported with cashflows.
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Engage a financing team.
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Team should include a
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Financial Advisor or Investment Banker​
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Bond Counsel
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Corporate Counsel
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Trustee
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Connect with our office to discuss your project further and learn more.
407-712-6356