Advantages of Financing Projects with EIF

The Environmental Improvement Fund (EIF):

• provides subsidized fixed interest rates on long term loans
• accepts General Obligation, Revenue, and Special Assessment pledges with the same loan interest rate on each type
• accepts 20-year General Obligation promissory notes as well as bonds

With a loan from the EIF, there are:

• optional financial advisor fees
• no Official Statement printing costs
• no underwriter's discount
• no bond reserve required
• no bond rating costs
• no bond insurance costs