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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

Downloadable Guide

Carpenter Tools

Eligible Borrowers

Minimum Requirements: 

  • Be a US-based company. 

  • Be registered to do business in Florida. 

  • Be able to meet a minimum of 3 years of operating history

  • Be designated as a Nonprofit 501(c) (3) status by the Internal Revenue Service

    • Charitable Organizations

      • Food Banks 

      • Community Programs

    • Healthcare Organizations

      • Hospitals

      • Assisted Living Facilities

      • Urgent Care Centers

    • Educational Organizations

      • Private Schools

      • Charter Schools

      • Research Institutions 

    • Recreational Organizations

      • Veteran Support Centers

      • Community Centers

      • Museums

      • Art Galleries

      • Youth Clubs

The meaningful benefits of Tax-Exempt Bond Financing: 

  • Lower Rates

    • 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. 

  • Longer Terms

    • The FDFC is able to offer terms up to 35 years. 

501 (c) (3) organizations can use Tax-Exempt Bond Financing to fund: 

 

  • Capital projects including

    • Construction

    • Renovation

    • Rehabilitation of facilities and equipment.

Paint Tools

Benefits of Bond Financing

Renovation Tools

Eligible Projects

Electrical Construction Plans

Next Steps

Wooden Boards

Connect with us

Our goal is to connect Florida Projects, here are immediate next steps to start the process: 

  • Determine capital needs. 

  • Create a financial model.

    • Determine how much debt can be supported with cashflows. 

  • Engage a financing team. 

    • Team should include a

      • Financial Advisor or Investment Banker

      • Bond Counsel

      • Corporate Counsel

      • Trustee

Connect with our office to discuss your project further and learn more.

407-712-6356

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