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As a conduit bond issuer, Build NYC’s primary goal is to facilitate access to private activity tax-exempt bond financing for qualified projects.
Build NYC Resource Corporation (Build NYC), a local development corporation incorporated under the New York Not-for-Profit Corporation Law, is administered by NYCEDC and assists qualified projects in obtaining tax-exempt and taxable bond financing. As a conduit bond issuer, Build NYC’s primary goal is to facilitate access to private activity tax-exempt bond financing for a variety of eligible borrowers to acquire, construct, renovate and/or equip their facilities.
On April 1, 2013, New York City Capital Resource Corporation (NYCCRC) merged into Build NYC and ceased to exist as an independent entity. View NYCCRC’s historic financial and public documents.