Deadline to Apply For The Clean Renewable Energy Bond Allocation Is Fast Approaching

The Clean Renewable Energy Bond (CREB) Program, created by the Energy Policy Act of 2005, provides for the issuance of up to $800 million in tax-credit bonds to finance renewable energy projects. Although governmental bodies may borrow up to $500 million of the available $800 million for such projects, most governmental bodies are unaware of the program or the April 26, 2006 application deadline.

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