Upcoming Board Meetings
Annual Report
The EDA's 2010 Annual Report is available here. To view the 2010 Comprehensive Annual Report (including audited financial statements and projects), Annual Reports for prior years, or lists of EDA-assisted projects by year, click here.
The Fort Monmouth Economic Revitalization Authority (FMERA)
FMERA was created to provide investment, continuity and economic growth to the communities impacted by the federal government's decision to close Fort Monmouth. Click here to learn more.
Message from FMERA Executive Director Bruce Steadman
Click here to read Countdown to Closure.
Message to New Jersey Banks from CEO Caren Franzini
Click here to read Caren Franzini's message to New Jersey's banks.
Bonds
The EDA issues conduit tax-exempt private activity bonds, the proceeds of which are used to provide low-interest, fixed-asset financing. Borrowers must meet the eligibility requirements outlined in the Internal Revenue Code (IRC) in order to qualify. Taxable bonds are also available for a wide variety of businesses. Taxable bonds offer similar flexibility in structuring rates and terms but are not subject to the restrictions placed on tax-exempt financing under the IRC. Click here for more information.