Industrial Revenue Bonds

These bonds are for larger projects in excess of $1–1.5 million. The issuance of tax-exempt industrial revenue bonds can save a company a substantial amount of money—interest savings of approximately 2% begin to significantly offset bond closing costs. The IDA offers taxable bond financing for larger manufacturing, industrial, or construction projects. For tax-exempt entities such as hospitals, colleges and universities, and other patient care facilities, the OCCRC makes tax-exempt bond financing available.

Download PILOT and Bond Application.