Public Finance Authority

Public Finance Authority (“PFA”) was created for the purpose of issuing tax-exempt and taxable conduit bonds for public and private entities nationwide. PFA is sponsored by the National Association of Counties, the National League of Cities, the Wisconsin Counties Association and the League of Wisconsin Municipalities. Click here to learn why NACo and NLC collaborated to create PFA.

PFA partners with local governments to assist in the financing of public benefit projects that create temporary and permanent jobs, affordable housing, community infrastructure and improve the overall quality of life in local communities.

Independent Registered Municipal Advisor Exemption

By publicly posting the following written disclosure, the Public Finance Authority (“PFA”) intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule. PFA has retained an independent registered municipal advisor. PFA is represented by and will rely on its municipal advisor GPM Municipal Advisors, LLC (“GPM”) to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products. This certificate may be relied upon until July 1, 2018. Proposals may be addressed to PFA, care of any of the Program Managers listed on PFA’s Contact Us page. All proposals received will be shared with PFA’s municipal advisor.

What's New

Mar 08 2018

Bond Restructuring Allows for Improvements to Hotel that Generates Millions in Revenue to Area Businesses

Jan 24 2018

The Public Finance Authority (PFA) has provided $133 million to finance hospital revenue bonds for the Prime Healthcare Foundation, Inc. (the “Borrower”). The Borrower will use the bond proceeds to acquire, construct and equip certain direct and indirect subsidiaries of the healthcare facilities. ...

Jan 09 2018

The Public Finance Authority (PFA) has provided $37.7 million to finance educational revenue bonds for LNCharter, LLC (the “Borrower”). LNCharter, LLC will use the bond proceeds to construct, equip and improve the Lake Norman Charter School (“LNC”) located in Huntersville, North Carolina.