Industrial Development Bond Financing Program
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South Carolina Jobs-Economic Development Authority
JEDA acts as a “conduit” issuer of bonds on behalf of a borrowing entity. Certain for-profit entities organizations can finance their projects with tax-exempt bonds, but these entities cannot do so directly. They must borrow through a “conduit” issuer of bonds in order to receive the tax-exempt financing. Therefore, entities do not borrow from JEDA, but rather through JEDA, using JEDA as access to the capital markets at tax-exempt rates. Tax-Exempt bonds may be used to finance qualified manufacturing facilities, non-profit 501(c)(3) facilities and solid waste disposal facilities.
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|Publisher||South Carolina State Library|
|Digital Collection||South Carolina State Documents Depository|
|Digitization Specifications||This South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.|