A Florida special development financing authority since 1993.
Due to Hurricane Milton, our offices will be closed on Wednesday, October 9th and Thursday, October 10th. If there are further delays, additional updates will be posted.
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