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Industrial Revenue Bonds (IRB's) Industrial Revenue Bonds (IRB's) provide a tax-exempt financing vehicle for manufacturing projects. IRB's are generally the lowest all-in cost of funds available. Interest paid on bonds is tax-free to investors, an incentive that means lower rates for borrowers. Eligible projects include new manufacturing facilities, land, new equipment, offices, and other ancillary facilities. Contact the EDC for more information. |
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