Governmental Industrial Nonprofit Pool Programs
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PROGRAMS
Since the 1997 legislative session, the LCDA Board has elected officers and an executive committee, adopted bylaws, established guide-lines for the selection of professionals, and solicitation for the qualifications of professionals. The executive committee meets on a regular (monthly) basis, and has authorized the following programs:

Governmental Entity Program

Provide financing for projects undertaken by governmental entities.

Industrial Development Revenue Bonds

Issue tax-exempt bonds on behalf of small manufacturing companies which locate in and create jobs in the state.

Nonprofit Corporations

Financing program for 501(c)(3) non-profit corporations.

Pool Programs

Capital Projects and Equipment Acquisitions Program
Create a variable and fixed interest rate pools to finance (at below market rates) equipment acquisitions and public infrastructure projects by local governments.

Public Projects Construction Finance Program
Provide low-interest interim financing for water and wastewater projects that will be permanently financed through USDA Rural Development.

Community Loan Purchase Refinancings
Refinance loans made in 1989 for drinking water projects financed through Farmers Home Administration (RDA).

Louisiana Qualified Zone Academy Bond Program - "QZAB"
Provides "0%" or interest free financing for qualified public schools within the State of Louisiana, to borrow monies for various projects authorized under the QZAB Regulations.