Capital Construction Fund


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Capital Construction Fund

An investment vehicle fishermen may use to defer taxation on income invested in it, provided it is used later to build, purchase or repair fishing vessels. The CCF is co-managed by the IRS and the National Marine Fisheries Service.
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Lane has been selected to receive an $8 million match in state capital construction funds for the last major project funded by our voter-approved bond, a transformation of our aging Center building on main campus into a Center for Student Success.
The bond sale transaction caps one of the City's most significant victories in the last legislative session in Albany, securing state capital construction funds for New York City's schoolchildren.
Hill-Burton Act of 1948 guaranteed capital construction funds for hospitals.

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