Governor Bush Appoints John D. Kaweske to the Florida Development Finance Corporation

Governor Jeb Bush announced that John D. Kaweske was appointed Florida Development Finance Corporation

The Florida Development Finance Corporation (FDFC) was formed pursuant to state statute authorization, has negotiated inter local agreements with most counties in the state, and can issue bonds. It targets borrowers who have a financing need smaller than can be economic for a stand alone bond issued by a local industrial development authority or county.

FDFC's program aggregates these smaller borrowers into a larger composite bond offering, sharing costs of issuance among the participants, and bringing affordable tax exempt finance to smaller borrowers (usually loan amounts less than $2 million.)

John D. Kaweske John David Kaweske John Kaweske R.K. Grace & Company

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