Industrial Revenue Bond Program
The Industrial Revenue Bond Program (IRB) provides a source of tax-exempt or taxable bond finance for projects involving significant private activity that promote new and existing businesses, encourage employment, and expand the tax base of a community. awards $10.0M.
Key Facts
- Award amount
- $10.0M
- Deadline
- Rolling / not specified
- Geography
- Texas
- Status
- Open
About This Grant
The Industrial Revenue Bond Program (IRB) provides a source of tax-exempt or taxable bond finance for projects involving significant private activity that promote new and existing businesses, encourage employment, and expand the tax base of a community. IRBs are issued by Industrial Development Corporations (IDCs) on behalf of a governmental unit, with proceeds passed on to private businesses who are generally responsible for debt service payment.
Full requirements and application instructions: official listing.
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