The Qualified Zone Academy Bond The Qualified Zone Academy Bond is a tax credit bond program funded through the federal budget which provides a course of funding for renovating schools, purchasing equipment, and other eligible expenditures that meet certain criteria. 2016 QZAB Administrative Procedures 1.3R Private Entity Tracking Form 2016 1.3R Chart to Determine Present Value 2017 1.3R Chart to Determine Present Value Back to Programs