BRADENTON, Fla. - Several states in the Southeast are laying the groundwork to use pooled financing to sell their allocations of Qualified School Construction Bonds authorized by the American Recovery and Reinvestment Act of 2009.

Though the ARRA provided for direct allocations of tax-credit bonding authority to the top 100 school districts in the country, it also provided larger allocations to each state. And each state is determining how its volume cap will be doled out.

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