CFP develops public-private partnerships that offer innovative financing solutions for often cash-strapped communities looking to construct new buildings or renovate existing ones, from city halls and fire stations to libraries and recreational centers and beyond.
The primary advantage of CFP is that, as a tax exempt 501(c) (3) non-profit, we can combine low cost bond financing with efficient, ready-to-deploy private development that can save you time and
money. Unlike funding processes using general obligation bonds, we don’t get bogged down with public procurement procedures, countless public hearings and referendums.
Depending on your situation, we may acquire land, build, develop, own, lease, or improve a facility. Plus, we can acquire, mortgage, finance, and refinance facilities as well—using our debt, not yours, to make these projects happen. We own the property when it is built. You lease and operate it. When the bonds are paid off, we donate the facility back to you.
Plus, because we’re not incentivized to earn a profit margin, our fees are substantially less than other private development options that require a 15-20% return on investment.