Economic Development Corporation of Pierce County EDCPC revenue bonds

The Economic Development Board (EDB) for Tacoma-Pierce County staffs the Economic Development Corporation of Pierce County (EDCPC) by contractual agreement.

Tax-exempt financing issued through the EDCPC is available to qualifying companies. These Industrial Development Revenue Bonds (IDRB) offer manufacturing and processing companies below-market interest rates for eligible uses, such as purchasing land or equipment, constructing buildings, and/or upgrading existing facilities.

Industrial Development Revenue Bonds

If your business is building or expanding manufacturing facilities or processing facilities, Industrial Development Revenue Bonds may be a good option for you. Administered by the Economic Development Corporation of Pierce County, these bonds are low interest and tax-free.

One of the big benefits of this type of financing is that the bank or bond purchaser doesn’t have to pay any income tax on the interest they earn. As such, they can accept a lower interest rate, which in turn is passed on to you, lowering the cost of borrowing.

Meeting Announcements

2020 Board Meeting Schedule

To accommodate health and safety needs, all 2020 EDCPC Board meetings will be held electronically unless otherwise noted. The next EDCPC Board Meeting will be Friday, November 6, 2020. 

All ECPC Board Meetings are open to the public.

Join the Virtual EDCPC Board Meeting

https://us02web.zoom.us/j/82295202133?pwd=aWxFUUtoTGh0UkxSZnM5T3Z1OHhQZz09

Meeting ID: 822 9520 2133
Passcode: 241294
One tap mobile:
+12532158782,,82295202133#,,,,,,0#,,241294# US (Tacoma)
+16699006833,,82295202133#,,,,,,0#,,241294# US (San Jose)

Dial by your location:
+1 253 215 8782 US (Tacoma)
Meeting ID: 822 9520 2133
Passcode: 241294

Find your local number: https://us02web.zoom.us/u/kkAZdL7Lh

 

Ask us if an IDRB is right for you.

Jacqueline Bellwoar economic development board for tacoma pierce county washington state usa staff

Jacqueline Bellwoar 

Economic Development Manager

Contact Jacqueline