Summary of Suggested Steps for Applicants

Complete information available through the links to the right.

1. Retain Bond Counsel. A list of approved counsel is included in the Application Attachment Package. The Authority will consider other counsel.

2. Determine Eligibility. Numerous criteria are established by both federal and state law. Bond counsel and council to the Authority should be consulted. .

3. Determine Balance of Dollar Limit Allocation of the statewide private activity bond cap available for the year of proposed issue. This requirement does not apply to 501(c)(3) entities.

5. Seek Financing Commitment. The Authority does not make loans, nor does the Authority or County guarantee loans. See Instructions to Applicants for more information.

6. Have a Bond Closing in accordance with resolutions passed by the Authority and approved by the Board of Supervisors.

 
Loudoun County IDA Application Links
Note: The links below trigger Word (.doc),
Excel or Acrobat (.pdf) downloads.
 
*This package includes a contact list of bond counsel
who have appeared before the Loudoun County IDA
or who have asked to be included on our referral list.

Loudoun County IDA does not recommend or endorse any firm.
 
         
         
 
© 2004 Loudoun County IDA