Staff is excited to learn about an economic development financing tool that 4A and 4B corporations can use. It's basically a loan from the State to do a project, and any project that would be eligible for your regular 4A or 4B sales tax would be eligible for this funding.
Two things are great about this money: first, it has a very low interest rate (about 3.25% as of this writing,) and second, it is securitized by your future revenue - so you don't have to pledge assets to secure the loan. This is good if you don't have any assets, but it's good even if you do: not having to tie up your assets means they're free to use for future projects.
Look for future posts, when we'll share more information about communities' borrowing abilities under this program, and Happy Independence Day!
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