Industrial Development Authority

The St. Johns County Industrial Development Authority (IDA) serves as a key financial and strategic partner for businesses choosing to locate or expand in St. Johns County. With the authority to issue tax‑exempt bond financing, the IDA enables manufacturing, non‑profit, and exempt facilities to access lower‑cost capital, making projects more economically viable. Over the past four decades, the IDA has issued more than $1.3 billion in bonds, underscoring its track record in supporting business growth across the region.

Beyond simply financing projects, the IDA acts as a bridge between the business community and county leadership, helping to align investment decisions with St. Johns County’s targeted growth sectors. Businesses working with the IDA benefit from an experienced five‑member board appointed by the Board of County Commissioners, and a formal monthly meeting schedule that provides transparency and predictability in the process. This structure helps firms negotiate financing, evaluate site feasibility, and expedite due diligence, all while leveraging public‑sector support to reduce risk and improve timeline certainty.