What does "tax-exempt" mean?
What is the advantage for the borrower?
What is the interest rate for a tax-exempt
What types of facilities may be financed through a tax-exempt IDB?
tax-exempt IDBs, the project must be a qualified manufacturing
facility. Additionally, the project must result in certain public
benefits such as job creation or retention. The proceeds from
the bonds issued can be used to construct, expand and relocate
qualifying manufacturing facilities as well as acquire new equipment.
What are the exceptions to financing non-manufacturing
Who issues tax-exempt bonds for borrowers
in the City of Los Angeles?
What amount of time is required to complete
a bond issue?
What type of security or collateral is required
for an IDB?
What are the funding limits?
What are the terms?
Who are the IDA Bond Finance Team members?
Does the project involve a manufacturing
or processing activity?
Will a significant portion of the project
(60–75%) consist of core manufacturing or processing?
Are the capital costs of the project less
Does the company have any other tax-exempt
Will the project result in an increase
of employees, job retention or some other
Will the project involve the acquisition
of an existing building?
How will the project’s asset values
Would the company otherwise qualify for
a conventional bank loan?
Have any cost been paid with respect to
Will the company relocate its manufacturing
facilities from one location in California to another?