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Agenda Item No. 7.28 Application No. 17375 THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE July 19, 2017, Staff Report REQUEST FOR A QUALIFIED PRIVATE ACTIVITY BOND ALLOCATION FOR A QUALIFIED RESIDENTIAL
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How to fill out private activity bond allocation

01
Determine the amount of private activity bond allocation needed.
02
Submit an application to the appropriate state or local government agency.
03
Provide all necessary information and documentation, such as project details, financing plan, and feasibility study.
04
Wait for approval of the private activity bond allocation.
05
Once approved, complete any additional requirements and paperwork to secure the bond allocation.

Who needs private activity bond allocation?

01
Developers or organizations looking to finance affordable housing projects, healthcare facilities, or other qualified private activities.
02
Non-profit organizations seeking funding for projects that benefit the community.
03
Businesses looking to expand operations that will create jobs or stimulate economic development.
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Private activity bond allocation refers to the process of allocating tax-exempt bond authority to finance certain private projects, such as affordable housing, infrastructure, and economic development.
State and local governments, along with certain private entities, are required to file private activity bond allocation to receive tax-exempt bond authority.
Private activity bond allocation can be filled out by submitting the necessary forms to the appropriate state or local government agency responsible for overseeing bond allocations.
The purpose of private activity bond allocation is to encourage private investment in projects that serve a public purpose, such as affordable housing, healthcare facilities, and infrastructure development.
Private activity bond allocation typically requires information on the project being financed, the amount of bond authority requested, and the public benefit of the project.
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