Tax Exempt Financing

The Mission Economic Development Corporation (“MEDC”) is focused on strengthening local communities by promoting economic development in Texas. We do this by assisting companies interested in borrowing on
a tax-exempt basis for qualifying projects that promote job creation or retention.

Tax-exempt financing is a proven low-cost method of raising capital for qualifying projects. Eligible costs include the purchase of land, buildings, design costs, construction, equipment, and legal fees.

The MEDC provides access to the tax-exempt market by acting as a conduit issuer and assisting companies in navigating the Federal, State, and Local requirements. By providing a consistent and cost effective financing
process, the MEDC allows companies with qualifying projects to borrow funds at the lowest interest rates possible.

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