When looking to bring additional value to a new construction project, there are several sources to consider. One such source is port authority financing. Port authority financing can provide for state and local tax exemptions on materials for new construction and expansion projects. This can mean considerable tax savings for a client. Port authority financing often offers higher loan-to-value ratios and can be very accommodative in creative deal structures.
It is always good to know about all possible financing alternatives to save money for a real estate project.
You can read about other alternative finance options, such as PACE, EB-5, and FTZ in this article by Dennis Seeds for Smart Business Online.
By Kevin Callahan,
Co-Founder and Managing Director