Sanitary and Improvement District Financing
The creation and use of Sanitary and Improvement Districts (SIDs) for infrastructure finance is a tool unique to Nebraska. The SID legal structure allows new commercial, industrial, and residential developments to finance infrastructure improvements with tax-exempt securities.
The tax-exempt warrants and bonds that SMITH HAYES underwrites to raise capital for SID projects provide our clients with unique investment opportunities.
Through a strategic partnership with the Kuehl Capital Corporation, an Omaha based firm specializing in SIDs, SMITH HAYES is a market leader in the SID underwriting business in Nebraska.