Boston Industrial Development Financing Authority (BIDFA) | Business Loans for Boston

The Boston Industrial Development Financing Authority (BIDFA) promotes economic growth and employment in the City of Boston by issuing bonds that finance the capital needs of the city’s businesses and institutions. It is guided by Boston residents with professional expertise in real estate development and finance. BIDFA has helped issue nearly $572 million in bonds and has helped to create and retain over 20,300 jobs since 1972. In 1971, BIDFA was created under Massachusetts General Laws Chapter 40D. In 1972 it was constituted as a board of the City of Boston and began its work as an affiliate of the Economic Development and Industrial Corporation of Boston (EDIC), a division of the Boston Planning & Development Agency (BPDA). The BIDFA Board of Directors is a board of the City of Boston, appointed by the Mayor and confirmed by the City Council. Current BIDFA Board of Directors: Katherine Kottaridis (Chair) Gerardo Espinoza Sammy Nabulsi Mayra I. Negrón-Roche Alisa R. Drayton

Boston Industrial Development Financing Authority (BIDFA) | Business Loans for Boston

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