Over 1 Billion Dollars in Bonds...Hundreds of
Millions in Positive Economic and Community Impact

The Loudoun County Industrial Development Authority operates as an independent political entity chartered by Virginia State Law to advance the economic interests of the community, and state, by offering reduced interest bonds to qualified borrowers.

The authority is composed of seven volunteer citizen board members who are appointed by the Loudoun County Board of Supervisors.

The Loudoun County IDA was created in 1975 and issued it's first bond in 1977. Since that time the authority has issued nearly eighty bond or refinance issues totaling over 1 billion dollars.

The cascading impact of these bonds has generated thousands of jobs and ten's of millions in new tax revenue on real estate alone.

IDAs and Quality of Life

IDAs are not just about money. In fact, as the IRS has adjusted the role of IDAs over the years, they have become a powerful tool in behalf of critical community services like health care, fire and rescue, education and not-for-profit institutions.

A Proactive Partner

Loudoun County IDA has contributed hundreds of thousands of dollars to worthy and business related community programs and causes.

More recently the IDA has focused it's attention on IDA potential to help solve pressing housing issues and partnering with the County to fund staff tasked to investigate and develop innovative solutions. See the initiatives link to the right.

About Loudoun County

In 2004 Loudoun County, Virginia, was ranked as the fasted growing county in the United States. This growth is fueled by a powerful and diverse economic platform with anchor "tenants" including biotech (Hughes Medical Institute), telecom (MCI - World Headquarters), Web/internet (AOL World Headquarters), education (George Washington University), transportation (Dulles International Airport).

With Washington, DC less than 30 minutes away, Loudoun County is also woven into the infrastructure supporting the business of Government ...particularly in the communications, defense and association space.

Residents are attracted to the county because of it's mix of delightful rural Virginia charm, big city shopping, renowned schools, highly competitive travel convenience and proximity to mountains, rivers and historic sites...not to mention "the capital of the free world."