1. dailynews

Proposal would let private investors help pay for school facility renovations

Oct. 13, 2009
Lease-back arrangement program is labeled "Smart Credit"

From The New York Times: Two Virginia politicians have proposed legislation that would allow private investors to pay for school facility renovation and then lease the facilities back to education institutions. The plan is called the "School Modernization and Revitalization Tax Credit," or Smart Credit.

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