Industrial Development Authority

The Industrial Development Authority (IDA) has assisted manufacturing firms, nonprofit (501(c)(3)) organizations, educational institutions and health care organizations, as well as water treatment plants and pollution control facilities. The IDA aims to maintain a high level of employment and create and maintain business opportunities.

How the IDA Works 

1. Borrowing money from private sector financing institutions
2. Loaning this money to Montgomery County companies to finance projects
3. Securing below-market interest rates on loans that are tax-exempt to the lender

Public Notice

NOTICE IS HEREBY GIVEN THAT THE BOARD OF DIRECTORS OF THE MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY has scheduled a Board meeting for Wednesday, September 22, 2021 at 8:30 a.m. The meeting is open to the public and will be held in person at the Montgomery County Commerce Department’s Large Board Room, Human Services Center, 1430 DeKalb Street, 5th Floor, Norristown, PA 19401 and by conference call. The dial-in number is (267) 807-9605 and the access code is 270345. Questions and comments may be directed to Jocelyn Gallagher, Deputy Director, Fiscal Management and Operations, jgallagh@montcopa.org.

View the agenda here.

 Board of Directors

Eric Pritchard, Esquire, Chair   Phone: 215-514-8754
E-mail:eric.pritchard@fisherbroyles.com 
Adam Silverman, Esquire, Vice Chair   Phone: 215-665-2161
E-mail: ASilverman@cozen.com
Elizabeth Moy, Secretary   Phone: 215-385-4239
Email: Beth.moy@gmail.com 
Richard J. DePiano, Jr., Esquire, Treasurer   Phone: 610-688-6830 Ext 103
E-mail: rdepianojr@escalonmed.com
Jay M. Lankford   Phone: 610-416-7677
Email: lankfordjm@yahoo.com 
Mr. Jason E. Salus   Phone: 610-278-3066
E-mail: jsalus@montcopa.org
 Mr. Bud TylerPhone: 215-784-0861
E-mail: btyler@efgroup.com 

Solicitor


Merle R Ochrach, Esq.  Phone: 215-661-0400
E-mail: mochrach@hrmml.com 

Auditor


Zelenkofske Axelrod LLC Phone: 215-918-2277