Quad Cities Regional Economic Development Authority
The Quad Cities Regional Economic Development Authority (QCREDA) is a general development agency serving multiple counties in Illinois, including Henry, Knox, Mercer, Rock Island, Carroll, Lee, Whiteside, Jo Daviess, and Stephenson. With over 30 years of experience, QCREDA offers a range of tax-free financing options, including industrial revenue bonds, housing bonds, not-for-profit bonds, and enterprise zones, to support businesses in the region. Their expertise and flexible approach make them a trusted partner for businesses looking to grow and thrive in Western Illinois.
QCREDA's tax-free financing options provide businesses with the opportunity to acquire new equipment, finance the acquisition of fixed assets, and benefit from state-wide credits and exemptions. By issuing taxable or tax-exempt revenue bonds, QCREDA helps businesses obtain lower interest rates, making it easier for them to develop, construct, acquire, or improve facilities within the territory of the Authority. With a focus on economic development and a commitment to supporting local economies, QCREDA is a valuable resource for businesses seeking growth opportunities in the Quad Cities region.
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