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Toledo-Lucas County Port Authority Bond Financing
Tax-exempt, taxable, TIF, special assessment, and capital lease bond financing for large construction projects.
About this program
The Toledo-Lucas County Port Authority offers bond financing for economic development projects, including tax-exempt and taxable bonds, TIF and special assessment-backed bonds, and capital lease structures that can reduce construction costs and provide sales tax savings.
Eligibility
Eligible businesses, nonprofits, developers, and public-benefit project sponsors undertaking large construction or capital projects in the Toledo-Lucas County area.
Requirements
- Submit project description, financing need, budget, borrower information, and public benefit details
- Meet bond financing, legal, credit, tax, and eligible project requirements
- Complete Port Authority board approvals and financing documentation