Public Finance Authority

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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, 2020.  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

Dec   29   2017

The Public Finance Authority (PFA) has issued $160 million of hospital revenue bonds for the Moses H. Cone Memorial Hospital and Wesley Long Hospital (collectively, ”Cone Health”). Cone Health will use the bond proceeds to acquire, construct, and improve two healthcare facilities located in...

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Nov   27   2017

Denver is launching a $3.9 billion capital improvement program for its 22-year-old airport by issuing nearly $200 million of debt for its private partner next week.

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Jun   29   2017

The Public Finance Authority (PFA) issued $1,087,000,000 of bonds, consisting of $800,000,000 of PILOT Revenue Bonds and $287,000,000 of Grant Revenue Bonds, to facilitate the construction of the American Dream @ Meadowlands (the “Project”) located in East Rutherford, New Jersey, and expected to...

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Contact us today at (888) 508-7188.

Nationwide Reach with PFA

PFA has issued bonds for projects in 44 states.

PFA Releases Report on Job Creation and Revenue Impacts

The PFA commissioned an independent study to analyze the estimated number of jobs and revenue impact to each local community as a result of the PFA financing new construction projects. Click here to view the report.

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