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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 not-for-profit institutions.
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 not-for-profit institutions and other entities 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 not-for-profit institutions 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.
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