Typical bond issues range from $2,000,000
to the federal limitation for tax-exempt IDB of $10,000,000. Within
the federal Empowerment Zone, the range is $2,000,000 to $20,000,000.
For qualified non-profit organizations, the range is $2,000,000
to $150,000,000 as long as the organization can service the debt.
Financing will usually cover approximately 70 - 80% of the project
cost or the appraised value of the underlying property.