Specialty financing for projects that benefit the public.
Connecticut Innovations’ Public and Specialty Finance Group provides tax-exempt financing and other tools to fund projects that benefit the public. Our industrial revenue bonds, sales tax incremental financing, and tax incremental financing for brownfields redevelopment help the state create temporary and permanent jobs, return blighted properties to productive use and improve the overall quality of life for our state’s residents.
IRBs, also known as self-sustaining bonds, are issued by the state to provide tax-exempt financing for large projects.
Sales tax increment financing (sales tax TIF) is a financing tool that provides state assistance to an economically significant project by giving a grant to the project’s developer.