Industrial Development Financing Authority

The Ayer Industrial Development Financing Authority (IDFA) seeks to promote a healthy local economy and strong employment levels through the creation, retention, and expansion of industrial and commercial businesses in the Town of Ayer.

To help achieve these goals the Ayer IDFA oversees a $1.5 million revolving fund primarily utilized for gap financing to assist business development in the community.

The IDFA also finances worthy community-based projects that create or retain jobs and invests in needed infrastructure improvements to strengthen local business districts.

For more information about the loan program and the application process, please contact: The Office of Economic Development Phone: 978-772-8206 • Fax: 978-772-8222