How incentives we obtained helped a healthcare campus save $20 million dollars.
Here are some of the incentives we have obtained for our clients:
Here is an example of a 16 acre healthcare campus we did with a 96,000 square foot building.
You can see what the project would have cost without incentives and what it cost after incentives.
The project cost was approx. $60 million dollars. By using Incentives the project received $9 million in cash before construction started that does not have to be repaid. Over the life of the loans of 20 year by obtaining a tax exempt bond the interest savings was $10 million. In total the savings was $20+ million dollars or 40% of the initial project cost.
[ Transaction Details ]
Gov. Incentive Equity Cash Paid In resulted from obtaining New Market Tax Credits and then monetizing them.
Tax Exempt Bond was a Recovery Zone Bond, Part of the Build America Bond Program. We finished the Bonds start to finish in 21 days, a national record.
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