QZABQualified Zone Academy Bond
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Through the QZAB and Adopt-A-School initiatives, NEF and SUNY have created the most cost-effective and high-quality STEM+ education solution.
QZABs are subject to a national volume cap to be allocated by the Treasury among the States.
A list of Empowerment Zones and Enterprise Communities is available on the QZAB site at www.
1397E, to provide a credit to QZAB holders, so that such bonds generally can be issued without discount or interest.
The 10 percent contribution from private partners may include cash, property, or equipment for use at the QZAB academy campus.
NEF gave us 10% match, helped us to receive $8 million in QZAB funds at zero interest and set up a QZAB Academy that has increased student math and technology scores by 25% every semester," states Camella Mouton of St.
The Act provided for $400 million of QZAB issuance authority for each of the calendar years 2006 and 2007.
The QZAB program is currently funded at $400 million per year for FY2000 and FY2001.
NEF has teamed up with banks to make it possible for all eligible schools -- those with 35% of students on free or reduced lunch -- to receive QZAB funds for renovation, equipment, curriculum, professional development etc.
DCPS QZAB II-Group 5-B - High Density Wireless Overlay at Arlington Elementary School No.
In contrast to existing Federal subsidies for State and local debt issuance, which exempt subnational government bond interest from Federal income taxation, the QZAB program is structured as a tax credit bond: Instead of yielding cash coupons exempt from Federal income tax, QZABs entitle investors to Federal income tax credits.
Bid Administration Contact: Robbie Bumpers, Haddad Engineering, (904) 483-2880 Bid Name: QZAB II Group 5-A SCOPE OF WORK: Install the necessary data and electrical systems as required by the drawings to meet the latest DCPS Technology Standards at the below mentioned schools.