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Private Activity Bond Committee
The Private Activity Bond Committee helps facilitate the construction
of critical facilities for the public benefit in communities throughout
Oregon. Certain types of privately owned facilities such as airports,
boat docks, affordable housing, or sports stadiums, provide significant
benefits to the communities they serve. When the construction of a private
facility would provide important public benefits, the project can often
be financed using tax-exempt bonds. Doing so reduces financing costs
and can play an important role in making such projects possible.
Federal tax law limits the amount of tax-exempt debt that can be used
for these purposes in each state. The Private Activity Bond Committee
is responsible for examining proposals and determining which projects
most deserve this federal assistance.
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