• CEDA's unique program combines tax-exempt industrial development bonds (IDB's) and below market-rate second mortgages resulting in a lower down payment and lower blended interest rates then commercial lenders.
• CEDA's experienced finance team has structured over $100 million in tax-exempt and taxable industrial development bonds (IDB's) over the last five years.
• The borrower retains a single point of contact throughout the lending process.
• Expands opportunities to make a broader range of projects feasible, providing access for underserved and rural communities.
• Reduced administrative burden for the local entity. All expenses come out of transaction fees paid by the borrower. Doesn't draw down local loan funds.

Click Getting Started above to learn more!