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Cities and counties may issue Industrial Development Revenue Bonds to provide financing to promote economic growth within the state, and to create jobs for in-state residents. IDR Bonds are land acquisition, building and equipment loans, and are interest exempt from federal income taxes.
Each state receives an annual private activity bond allocation from the IRS. Applicants must complete the allocation request and process for Governor’s approval. For more information on any of the loan programs listed below, contact Mike Martin, Portfolio/Loan Program Manager 307.777.2845.
Industrial Development Revenue Bonds Facts
Governor's Rules on Volume Cap Allocation
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