Sole lender on qualified school construction bonds

December 31, 2010

Served as counsel to the sole lender on the initial purchase of$16.48 million fixed rate qualified school construction bonds (QSCBs) issued on a non-recourse basis for a charter school in New Jersey that financed the expansion of its urban facilities. The expansion was also partially funded by more than $8 million in federal new markets tax credits (NMTCs).
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