Private Activity Bond

The Iowa Finance Authority issues tax-exempt bonds to businesses and organizations for a wide range of projects. These have included expanding and improving health care services, industrial development and housing. 

Private Activity Bond Program: Issues tax-exempt bonds on behalf of private entities or organizations for eligible purposes.

Private Activity Bond Cap Allocation: In 2018, the State of Iowa received $330 million of volume cap for allocation to eligible projects in the following categories: single-family, job training, student loans, beginning farmers, industrial and political subdivision.