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.