Bond Financing Program
The Franklin County Industrial Development Agency (IDA) can issue taxable and tax-exempt bonds for qualifying commercial, industrial, manufacturing, housing and tourism projects.
The Franklin County Civic Development Corporation (CDC) can issue bonds for colleges, medical facilities, libraries and other not-for-profit corporations to assist with financing capital projects.
Consider the benefits of bonds issued by the IDA and CDC when exploring financing options for your project. In addition to potentially lower interest rates than conventional financing, these bonds offer the advantages of fixed rates and longer terms, which may not be available with other financing options. By using FCIDA and FCCDC bonds, you can potentially save a significant amount on your project’s financing costs.