Quarters

Nassau County Interim Finance Authority

Overview

The Nassau County Interim Finance Authority ("NIFA") is a public benefit corporation of the State of New York created by the Nassau County Interim Finance Authority Act, Chapter 84 of the Laws of 2000, as supplemented by Chapter 179 of the Laws of 2000 and as amended from time to time (the "Act")

NIFA has certain powers under the Act to monitor and oversee Nassau County's finances, including Covered Organizations, and upon the declaration of a "control period," additional oversight authority. In addition, NIFA has issued its bonds and notes for various County purposes, including the restructuring of a portion of the County's outstanding debt.

The New York State Legislature created NIFA in June 2000.  NIFA is governed by a seven-member, non-partisan Board appointed by the Governor, with one member recommended by the Senate Majority Leader, one by the Assembly Speaker, and one by the State Comptroller.

nifa act

 

NIFA Control Period
For information regarding the current control period, click the link below.
Contact NIFA

[email protected]
516-248-2828 (phone)
516-248-4050 (fax)
1305 Franklin Avenue, Suite 302
Garden City, NY 11530