|
American Recovery and Reinvestment Act Program Guide
|
|
|
|
Small Issue Industrial Development Bonds
|
| Progress Indicator |
 |
|
 |
|
| Guidance Available |
Application Processes Open |
Application Processes Closed |
Award Processes Completed |
|
| |
| Federal Program Information |
| Federal Program Description |
Expansion of current ability of state and local governments to issue small issue IDBs (tax exempt private activity bonds) in 2009 & 2010 to finance facilities beyond tangible property, to include intangible property, and to feature other changes making such bonds more attractive to manufacturers, technology companies and investors. $10MM issue limit.
|
| CFDA Number |
NA |
| Assistance Type |
Financial assistance from the Federal government |
| ARRA Citation |
Sections 1301 and 1503 on AMT |
| ARRA Reporting |
NA
|
| Federal Agency |
Department of Treasury |
| |
| NYS Information |
| NYS Program Title |
Small Issue IDBs |
| NYS Agency |
ESDC |
| Contact |
Kay Wilkie |
| Email |
kwilkie@empire.state.ny.us |
| Phone |
518-292-5270 |
| |
| Program Funding |
| National Total |
NA |
| NYS Share |
NA |
| Flow of Funds |
Standard IDB process
|
| Deadline |
no later than 12/31/10 |
| |
| Awards and Outcomes |
| Website |
http://www.recovery.gov/transparency/pages/home.aspx?State=NY |
