Private/Non-Profit School Project Finance

The Michigan Finance Authority provides private/non-profit primary and secondary schools with access to effective, low-cost capital financing.

Eligible Projects

Eligible projects include:

• Academic Buildings and Classrooms
• Athletic Facilities
• Capital Equipment and Furnishings
• Dining Halls and Cafeterias
• Faculty and Administrative Offices
• Health Care Facilities
• Libraries
• Parking
• Public Safety Facilities
• Storage and Maintenance Facilities

Excludes facilities for the following:

• Religious Worship
• Items normally considered as a current operating expense

Eligible costs associated with the projects include:

• Plans, Studies, and Surveys
• Architectural and Engineering
• Legal and Financing
• Acquisition and Site Development
• Construction and Remodeling Costs
• Interest Capitalized During Construction

Program Information

• MFA Credit Criteria
• Fees
• Michigan Strategic Fund (P.A. 270 of 1984)

Please contact MFA for detailed information.

Michigan Finance Authority

Austin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922

Phone: (517) 335-0994
Fax: (517) 241-9509

www.michigan.gov/mfa
TreasMFA@michigan.gov