Public School Academy Project Finance

The Michigan Finance Authority provides Public School Academies with effective, low-cost, facilities finance options to finance or refinance the acquisition, construction, improvement or alteration of land, facilities, equipment, machinery, parking, the payment of project costs, or to refinance existing debt.

This is a program designed specifically for PSA's with their particular needs in mind.

MFA's Project Finance Program for PSA's provides:

• Competitive interest rates
• Customized financing to meet specialized needs of PSAs
• Flexible options
• State Aid Intercept to enhance credit

Program Information

• MFA Credit Criteria
• Fees
• Shared Credit Rating Act (P.A. 227 of 1985)

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