This seven-member board appointed by the Lee County Commissioners is tasked with fostering industrial and business development, and encouraging both change to local and relocating companies to explore the use of Industrial Development Revenue Bonds (IDRBs) to finance their projects. The IDRBs provide a source of long-term, below-market-rate financing for new and expanding manufacturing facilities. Click here for more information on IDA Bond guidelines. The geographic boundaries of the IDA encompasses all of Lee County, Florida.
The Lee County Industrial Development Authority (IDA) serves as the initial entry point into the Industrial Development Bond application process. It is operated under Chapter 189, Florida Statutes—Uniform District Accountability Act. The Lee County IDA follows the highest ethical standards as detailed by the Florida Commission of Ethics. Click here for more information.
The board was established on June 25, 1975, under Part III of Chapter 159 of the Florida Statutes, and each Industrial Development Authority board member is appointed to a four-year term. The authorities fiscal year is October 1 through September 30. Click here to view creation documents
Lee County Gold Key Grant Program
The Lee County Economic Development Office, along with the Lee County Industrial Development Authority will now offer financial assistance to small businesses leveraging the US Commercial Services Gold Key Matching service. To learn more about the comprehensive Gold Key program, you can visit the US Commercial Services site here. To review and submit an application for the Lee County Grant, you can access our application addendum here..
Annual Financial Report
You can view the special district’s Annual Financial Report by clicking here.