Feb 8, 2019
There are many tools in the toolbox when it comes to financial assistance for economic development projects. Some programs are statutory and others are discretionary. It can be confusing to a potential prospect, and nearly everything needs regulatory approval.
A good comfort letter outlines applicable programs along with their terms and conditions.
In this episode, Dennis and Jason detail the elements of a comfort letter which can be used to outline everything from regulatory approvals to financial assistance packages.