Business Services : Industrial Development Bonds(IDBs)
Industrial Development Bonds(IDBs)
JEDCO, through its State enabling legislation, issues tax-exempt and taxable IDBs to finance land acquisition, building construction and the purchase of new equipment.
Private business owners and corporations may borrow tax-exempt money to cover the costs of acquiring, constructing and renovating non-residental 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
Projects must meet certain qualifications.
Contact:
@ (504) 833-1881.
JEDCO • 3445 N. Causeway Blvd. • Suite 300 • Metairie, LA 70002 • Phone: 504-833-1881 • Fax: 504-833-7676 Subscribe to the JEDCO Mailing List