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Under NWLFA's legal authorization and policies, we serve as the last stop for industrial or commercial projects looking to complete the necessary capital stack needed to expand or locate in our service area. Below you will find information about our direct financing programs. For developers, entrepreneurs or business owners in the early stages of identifying the majority of their funding sources, you will find another section below with links to state and federal programs, along with non-profit organizations, that may be able to provide additional resources.
NWLFA utilizes Payment-In-Lieu of Tax ("PILOT") agreements to provide qualified projects with a custom tailored tax abatement to help fill a funding gap or incentivize a qualifying project.
NWLFA is authorized to issue tax-exempt and taxable bonds to help finance qualified economic development projects. Bonds can be issued in conjunction with a PILOT or an economic development district to provide numerous financing structures.
In specific circumstances, NWLFA can provide direct performance based cash incentives as an add-on to PILOT and bond financing.
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