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Industrial Revenue Bond
Helping Area Businesses
The Industrial Development Board (IDB) offers tax-exempt Industrial Revenue bonds for the purchase of:
  • Buildings
  • Engineering costs
  • Infrastructure
  • Land
  • New equipment

The limit on capital spending is $10 million for each project and typically requires the borrower to provide at least 10% equity. There were no Industrial Revenue Bond program applications to the IDB in 2009.

Program Resources

Vasco A. Smith, Jr. County Administration Building • (901) 222-2300
160 North Main Street Memphis TN 38103
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