Who Might Qualify:

 

• Developers
• Business owners

 

The Construction Financing Program can assist qualified
businesses to receive a sales tax exemption on all
construction materials related to the project by having the
Finance Authority lease the facility to the company. The
borrower is the owner for federal tax purposes and acquires
the project for $1.00 at the end of the lease term. The
borrower retains full control of the property.