The Luzerne County Industrial Development Authority (“IDA”) was incorporated by the County Commissioners pursuant to the Economic Development Law in September 1969. The IDA is authorized to issue tax exempt bonds on behalf of eligible manufacturing, 501 C 3 non-profit organizations, and certain “exempt” issues such as water and sewer utility facilities.
In addition, the IDA is empowered to be the issuer or applicant of certain economic development related programs permitted by the Internal Revenue Code, the Economic Development Law and Commonwealth of Pennsylvania. Under the programs eligible entities interested in expanding or locating in Luzerne County can finance land, building, associated machinery and equipment through the issuance of tax-exempt or taxable bonds, and through authorized programs.
For more information, contact the board at 570-823-9899 or email the board. The board can also be faxed at 570-823-9433 or you can reach the board by mail at: 163 S Washington Street Wilkes-Barre, PA 18701