ARRA - Quality School Construction
Bonds
Qualified School Construction Bonds (QSCB) 2009 & 2010
Series - $27.2 Million
(Entitlement) Bonds that can be used to fund new
construction projects, remodeling, repairs and/or land
acquisition. The amount of QSCBs issued in each
state is limited under federal law. A Qualified
School Construction Bond is an interest-free bond issued
by a state or local governmental entity, the proceeds of
which are used to construct or improve certain eligible
public schools, or for certain land or equipment
purchases.
Current Status: Project under review
Upcoming deadline: December 31, 2009 –
FY 09 funding utilization due date | December 31, 2010 –
FY 10 funding utilization due date
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