JEDCO is authorized to issue long-term fixed-asset, taxable and tax-exempt revenue bonds to acquire land, to construct, to purchase or renovate buildings, and to acquire and install machinery and equipment used in the business or trade of a for-profit entity within Jefferson Parish.
Tax-exempt issues apply solely to manufacturing facilities and can usually be accomplished at lower interest rates than conventional financing. Taxable bonds for non-manufacturing businesses may carry other tax benefits.
For more information, contact Lacey Bordelon at (504) 875-3908.