The Industrial Development Authority of St. Louis County, Missouri administers the industrial development bond program (IDB) in St. Louis County. Bonds issued through the program enjoy a tax-exempt status, providing low interest rate-financing for qualifying businesses. Federal law limits the availability of bonds to manufacturers and 501(C)(3) corporations. In addition, low-interest taxable bond programs have been introduced. The board of directors consists of seven members appointed by the St. Louis County Executive.
Patricia O'Herin, Chairman
Ms. Julie Portman, Vice Chairman
Allen Bluiett, Jr.
Please visit our calendar of events for board meeting details.