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Gulf Opportunity "GO" Zone Bonds |
JEDCO is also authorized to issue Gulf Opportunity (GO) Zone bonds which allow private business owners and corporations to borrow capital at very favorable tax-exempt rates to acquire, construct, reconstruct or renovate non-residential real properties in the GO Zone
Private business owners and corporations may borrow tax-exempt money to cover the costs of acquiring, constructing, and renovating, nonresidental real property located in the GO Zone- Jefferson Parish is included in this zone.
Eligible projects may include, but are not limited to: retail stores, warehouses, manufacturing facilities, industrial parks, office buildings, bank branches, hotels and motels, restaurants, physician office buildings, medical hospitals and clinics.
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