State of Nevada

 

Office of Business Finance and Planning

Nevada Department of Business and Industry

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Lon DeWeese
Chief Financial Officer for the Housing Division & Director’s Bond Program
1535 Old Hot Springs Road, #50
Carson City, NV 89706
(775) 687-2032
 nhd@nvhousing.state.nv.us 		  Elisabeth Shurtleff
Public Information Officer
555 E. Washington Avenue, Suite 4900
Las Vegas, NV 89101
(702) 486-2756
 eshurtleff@business.nv.gov

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Seal of Nevada

 

Overview

The Industrial Development Revenue Bond (IDRB) program is a vital component of Nevada's economic development and diversification efforts. Since its inception, 53 bonds have been issued, representing financing of $810 million and the creation of about 4,000 new jobs.  IDRB's are a special tax-exempt form of financing made available by the State of Nevada to finance qualified projects at interest rates substantially below comparable commercial rates.  Bonds offer flexible terms at variable and fixed interest rates. All borrowers must be credit worthy and present financially feasible business plans. The Nevada Office of Business Finance and Planning offers financing for the following:

  • Manufacturing Facilities

  • Solid Waste or Recycling Facilities

  • Non-Profit facilities for Health Care, Assisted Living, Educational, Civic or Cultural activities owned and operated by qualified non-profit organizations

  • Small Projects through the Mini-Bond Direct Placement Program

  • Renewable Energy Projects

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Last Updated: 04/12/08 07:17:34 AM