Qualified Zone Academy Bond (QZAB) Program
The
Pennsylvania Department of Education is pleased to offer local education
agencies the opportunity to participate in the federal Qualified Zone Academy
Bond (QZAB) Program. This federal
program allows for certain schools, known as education zone academies, to
finance the renovation of school facilities, to purchase equipment, and, if
allowed by state law, to provide up-to-date technology and instructional
materials on an interest-free, or nearly interest-free, basis through the
allocation of tax credits.
The
Department will competitively allocate 2014, 2015 and 2016 QZAB to successful
applicants for settlement at the local level.
Applications will be received until August 15, 2016. The Department will make allocation awards by
September 19, 2016. Awardees must
confirm their acceptance of a QZAB allocation by
September 30, 2016.
2014, 2015 and 2016 QZAB Information
