The Florida Development Finance Corporation [FDFC] provides access to taxable Bonds as an alternative to Private Activity Bonds. A Taxable Bond is free from most of the requirements and restrictions applied to Private Activity Bonds.
Combining Taxable Bonds with Private Activity Bonds
In the event a project would not meet the requirements of a Private Activity Bond, a combination of a Private Activity Bond and a Taxable Bond might be used to finance the whole project.
Projects that do not meet the requirements of a Private Activity Bonds can use Taxable Bonds as an alternative for project financing.
Be a US-based company.
Be registered to do business in Florida.
Be able to meet a minimum of 3 years of operating history.