BUILD (Business Use Incentives for Large-Scale Development)
Runs a bond-backed Missouri manufacturing expansion program giving qualifying projects below-market financing rates.
The Business Use Incentives for Large-Scale Development (BUILD) program is a Missouri Department of Economic Development instrument that provides below-market-rate financing for large-scale manufacturing facility development through the issuance of tax-exempt revenue bonds. Because the bonds carry a federal tax exemption on interest income for bondholders, the resulting cost of capital is substant…
Finances large-scale Missouri manufacturing facility development through tax-exempt revenue bonds that deliver below-market interest rates to qualifying industrial borrowers.
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