McCandless Industrial Development Authority
From
Town of McCandless
When
Wed, Feb 22, 2023 from 4:30pm to 5:30pm
Where
9955 Grubbs Rd, Wexford, PA 15090, USA
Details
The MIDA (founded by the Town in 1968) acts as a “conduit” to provide the benefits of both federal and state income tax-exemptions to the entity (typically, a bank) making a loan to a borrower for an eligible project. Under federal tax law, eligible projects include (1) projects for any borrower designated as a 501(c)(3) charitable organization under the federal IRS Code and (2) certain industrial/manufacturing facilities and equipment. Loans to commercial businesses are generally not eligible to be financed on a tax-exempt basis.
For more info (agendas, remote participating info, etc.), go to www.townofmccandless.org/mccandless-industrial-development-authority.
This event was posted by Town of McCandless. Town of McCandless is solely responsible for this event and unless specifically indicated, no other community or individual utilizing Savvy Citizen is sponsoring, responsible for, or endorsing this event.
