United States Stimulus Act Guide to

Tax Credit Bonds

American Recovery and Reinvestment Tax Act of 2009

The Guide to Tax Credit Bond (TCBs) site’s main purpose is to assist with understanding how TCBs work and HOW TO USE THEM TO BORROW AT ZERO INTEREST COST.


This site will provide useful links to non-profit and for-profit sites in order to disseminate the very best available information on the web today. Links are NOT RECOMMENDATIONS.


The site encompasses the newest TCBs developed for the U.S. Stimulus Package.

These include:   


  1. Bullet    Qualified Zone Academy  Bonds (QZABs)

  2. Bullet    Clean Renewable Energy Bonds (CREBs)

  3. Bullet    Qualified School Construction Bonds (QSCBs)

  4. Bullet    Build America Bonds (BABs)

  5. Bullet    Redevelopment Zone Economic Development Bonds

  6. Bullet    Other Tax Credit Bonds


The majority of TCBs were patterned after the most popular TCB for school district; the Qualified Zone Academy Bond Program.


Important Note: Because of the complexity and numerous steps with tax credit bonds, it is prudent to work with a licensed Investment Firm or Broker.  To check on prospective firms, go to the FINRA (Financial Industry Regulatory Authority) or Click below. In only takes a few seconds.

Financial Industry Regulatory Authority’s “Broker-Check”http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/index.htmhttp://www.finra.org/Investors/ToolsCalculators/BrokerCheck/index.htmshapeimage_1_link_0

Click Above

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IMPORTANT NOTE: Guidance from the U. S. Treasury for the majority of the TCBs listed above HAS BEEN RELEASED (4/03/09). If you need IMMEDIATE assistance or information, it is recommended that you use the volumes of information relating to QZABs or CREBs. On each page of this site, locations are available to request help via eMail.


Click on the envelope sign to begin a help request.