I am a Northwest Indiana native, and I have called Valparaiso my home since 2002.... more
I am a Northwest Indiana native, and I have called Valparaiso my home since 2002. After graduating from Chesterton High School in 1998, I enlisted in the United States Marine Corps. I was stationed throughout the world, and served his country filling billets as a non-commissioned officer in a variety of infantry and support roles from my primary duty station of Kaneohe, Hawaii, and I served a... view profile
Much of the financing for state and local needs, like schools, roads, and affordable housing, comes from the sale of tax-exempt municipal bonds to investors. Basically, investors are loaning the government the money for construction costs; in exchange investors receive tax-free interest payments on their loan. Lawyers who understand public finance issues help the government meet the legal requirements for the sales process and package the bonds for sale. Since different levels of risk are associated with loaning to different government organizations, bond and public finance attorneys also help investors calculate the risks before making such loans.