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Livestock Nutrient Management Bond

Tax-exempt industrial revenue bond financing for processing or manufacturing and qualified environmental facilities remains one of the most competitive financing options available for the acquisition or construction of facilities and equipment. Companies planning investment in certain environmental facilities and who are otherwise capable of securing bank financing meet the basic eligibility requirements.

How It Works

The program assists financing capital expenditures associated with the handling and/or processing of byproducts and livestock nutrients by using federally tax-exempt bonds.

Use of Funds

Solid waste disposal expenses

Terms

Bond purchaser, usually the lender, sets rates and terms

South Dakota Governor’s Office of Economic Development

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