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Industrial Development

Industrial Development

We fund manufacturing, recycling, R&D, and other industrial or environmental projects that boost economic development.

Program Overview

The Capital Industrial Development Corporation (CIDC) provides bond financing to support projects that drive industrial growth, sustainability, and economic opportunity. Created in 1980, CIDC can issue both taxable and tax-exempt bonds to nonprofit and for-profit entities statewide.

  • We fund a wide range of projects, including:
  • Manufacturing and industrial facilities
  • Research, development, and office spaces
  • Transportation and distribution hubs

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Warehouse and decentralized storage facilities
Military-related infrastructure
Recycling and solid waste disposal sites
Air or water pollution control projects
Job training facilities for colleges and workforce programs
Refinancing of qualifying existing debtThe Capital Industrial Development Corporation (CIDC) provides bond financing to support projects that drive industrial growth, sustainability, and economic opportunity. Created in 1980, CIDC can issue both taxable and tax-exempt bonds to nonprofit and for-profit entities statewide.
We fund a wide range of projects, including:
Manufacturing and industrial facilities
Research, development, and office spaces
Transportation and distribution hubs
Warehouse and decentralized storage facilities
Military-related infrastructure
Recycling and solid waste disposal sites
Air or water pollution control projects
Job training facilities for colleges and workforce programs
Refinancing of qualifying existing debt

How to Apply

To apply for bond financing through TCHFDC or CHFDC, you’ll need to submit a detailed application that gives the Board enough information to consider preliminary approval.