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

 Board of Directors

Eric Pritchard, Esquire, Chair   Phone: 215-496-7241
 E-mail: epritchard@kleinbard.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


Mallie, LLP   Phone: 610-935-1420