Private Activity Bond Allocation "Tax Exempt" Bond Cap

Provides lower-interest financing for certain types of projects.

Eligibility requirements: 

NOTE: DED is accepting PABA applications for funding during the 2023 calendar year through Wednesday, November 1, 2023. Applications seeking funding during 2023 but received after this date will be returned for resubmission during the 2024 calendar year.

Refer to the Printable Program Summary for details on the program.

There are many local entities, such as industrial development authorities, that can issue tax-exempt bonds as well.  Contact the city government of the location of your proposed project for more information.

Application Process

Program News

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