Midwestern Disaster Area Bonds
Approximately $2.4 billion in Midwestern Disaster Area (MDA) bonding capacity is
now available to fund projects in 78 Iowa counties (map is included in the attached
PDF of the PowerPoint), regardless of whether your specific business suffered damage.
A wide range of projects qualify for MDA bonds, which may be used, among other things,
for the cost:
- of multifamily rental property for low and moderate income individuals;
- to acquire, repair, replace or construct nonresidential real property and fixed
improvements (including, for example, manufacturing facilities, retail businesses,
shopping centers, auto dealerships, restaurants, office buildings, warehouse/storage
facilities, medical buildings, commercial development, and agricultural facilities/improvements);
and
- to repair or reconstruct public utility property damaged in disasters.
We have recorded the Webinar with this team of experienced professionals providing
a detailed discussion of the actual steps in the bond financing process, and how
they can assist businesses and/or economic development professionals in actually
completing those steps, from application to funding.
Topics discussed include:
- An overview of MDA Bonds.
- How the application process works.
- How to determine whether your project is a viable candidate for
MDA Bonds.
- Underwriting and financial analysis for various project/borrower
profiles.
- Question and Answer Period.
