Private Activity Bonds

Private Activity Bonds are used to leverage funding programs for the development of Affordable Housing or other projects approved under IRS sections 141-150. Applicants for the County's Private Activity Bond allocation may be: 1.) a qualified issuer (the state, local governments, or a housing authority) on behalf of its own projects; or 2.) a private sector entity (such as a developer) who has partnered with a qualified issuer.

 

Applications for the County's 2021 allocation are due by MARCH 1st. The application shall take the form of a letter signed by the applicant, together with appropriate attachments, describing the following:

  1.  Applicant contact information
  2.  Contact Information for the issuer, if other than the applicant
  3.  Type of project and location (drawings and maps are helpful)
  4.  Type and number of individuals who will be served by the project
  5.  Amount of allocation requested
  6.  Applicant experience with similar projects
  7.  Current stage of the project, and estimated date of groundbreaking
  8.  Resources being leveraged to develop and support the project
  9.  Extent of collaboration with public and private sector partners
  10.  Completed or anticipated review of the project by the public in surrounding areas and neighborhoods
  11.  Any additional information needed by the County to evaluate the project against the criteria in the County's policy.

 

The County's Private Activity Bond Allocation Policy, including the County's evaluation criteria, may be found here:  Private Activity Bond (PAB) Allocation-320.12A

 

For more information regarding the County's Private Activity Bond Allocation or to apply for the allocation, contact the County's Finance Director using the information below: 

Larimer County Court House 4-17-2020

Finance Director

Address: 200 W. Oak St., Suite 4000 Fort Collins, CO 80521
Phone: (970) 498-5930  |  Fax: (970) 498-5942
Hours: 7:30am - 4:30pm Monday-Friday (Except Holidays)
Email: blockcl@larimer.org