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Roxanne C. Graham
Program Director
801-538-8699

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PAB 2016 Volume Cap – Available Allocation

After each quarterly Private Activity Bond Authority Board Meeting the remaining balance in each volume cap account will be posted. For additional information regarding the available dollar amount in a specific account, please contact Roxanne C. Graham.  Projects approved at each Board Meeting may be found on this page of the web site.

Private Activity Bond Available Volume Cap – January 1, 2016
Single Family Account – $127,207,500
Student Loan Account – $99,948,750
Small Issue Account

  • Manufacturing Sub-Account – $26,345,000
  • Multi-Family Sub-Account – $36,345,000

Exempt Facilities Account- $3,028,750

2013 Multi-Family CarryForward Volume Cap¹ – Remaining Balance – $50,000,000

2015 Multi-Family CarryForward Volume Cap¹ – Remaining Balance – $3,000,000

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

¹ Projects allocated cap from this account must close their bonds by December 31, 2016 and use Utah Housing Corporation as the bond issuer.
2 Projects allocated cap from this account must close their bonds by December 31, 2018 and use Utah Housing Corporation as the bond issuer.

January 13, 2016 Board Meeting

2016 Private Activity Bond Volume Cap – Remaining Balance
Single Family Account – $0
Student Loan Account – $99,948,750
Small Issue Account

  • Manufacturing Sub-Account – $26,345,000
  • Multi-Family Sub-Account – $36,345,000

Exempt Facilities Account – $3,028,750

2013 Multi-Family CarryForward Volume Cap¹ – Remaining Balance – $37,660,000

2015 Multi-Family CarryForward Volume Cap¹ – Remaining Balance – $3,000,000

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

¹ Projects allocated cap from this account must close their bonds by December 31, 2016 and use Utah Housing Corporation as the bond issuer.
2 Projects allocated cap from this account must close their bonds by December 31, 2018 and use Utah Housing Corporation as the bond issuer.

April 13, 2016 Board Meeting

2016 Private Activity Bond Volume Cap – Remaining Balance
Single Family Account – $0
Student Loan Account – $99,948,750
Small Issue Account

  • Manufacturing Sub-Account – $26,345,000
  • Multi-Family Sub-Account – $0

Exempt Facilities Account – $3,028,750

2013 Multi-Family CarryForward Volume Cap¹ – Remaining Balance – $0

2015 Multi-Family CarryForward Volume Cap2 – Remaining Balance – $0

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

 ¹ Projects allocated cap from this account must close their bonds by December 31, 2016 and use Utah Housing Corporation as the bond issuer.
2 Projects allocated cap from this account must close their bonds by December 31, 2018 and use Utah Housing Corporation as the bond issuer.

July 13, 2016 Board Meeting

2016 Private Activity Bond Volume Cap – Remaining Balance
Single Family Account – $0
Student Loan Account – $99,948,750

Balances from the Small Issue Account ($26,345,000) & the Exempt Facilities ($3,028,750) are transferred to the Pool Account on July 1.  The Pool Account is split with 50% given to the Small Issue – Manufacturing Account.  Remaining balance for these accounts are shown below.

Pool Account  – $0
Manufacturing Sub-Account – $4,686,875

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

August 15, 2016 Board Meeting

2016 Private Activity Bond Volume Cap – Remaining Balance
Single Family Account – $0
Student Loan Account – $99,948,750

Balance from the Manufacturing Account ($4,686,875) was transferred to the Pool Account.  Remaining balance for these accounts are shown below.

Manufacturing Sub-Account – $0
Pool Account  – $3,400,750

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount