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
NOTICE IS HEREBY GIVEN THAT THE BOARD OF DIRECTORS OF THE MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY has scheduled a board meeting for Wednesday, March 25, 2020 at 8:30 a.m. via conference call. The meeting is open to the public via conference call only. Call-in number is 712-770-5505 and the access code is 270345. Questions and comments may be directed to Jocelyn Gallagher, Administrator, Fiscal Management and Operations, email@example.com