Qualify your new project to receive revenue bonds
Among other powers, the Orange County Funding Corporation has authority to issue tax-exempt and taxable revenue bonds for qualifying projects (typically not-for-profit corporations and manufacturing projects, although other certain projects qualify for tax-exempt bonds). All bonds issued by OCFC are “conduit” in nature and the responsibility for debt service is exclusively that of the applicant. If considering such financing, contact should be made with OCFC’s counsel and bond counsel to determine whether the project qualifies and to discuss process.