Gulf Coast Authority and Gulf Coast Industrial Development Authority are committed to providing a robust bond financial program that supports public and private governmental financial services. Our goal is…..to serve your needs and bring your development project to completion….hope is to partnership with you and your team and see your project to fruition….. Wording??
GCA’s Bond Financing Facts and Benefits
GCA and GCA Bond Financing
Gulf Coast Authority (GCA) is a political subdivision created in 1969 by the Texas Legislature to clean-up Galveston Bay.
In addition to providing industrial and municipal wastewater and water services, GCA provides conduit financial services through the issuance of tax-exempt or taxable bonds. Since 1969, we have issued more than $3.5 billion in Private Activity Bonds (PAB) within the State of Texas.
Gulf Coast Industrial Development Authority (GCIDA) is a nonprofit development corporation that was created by the GCA Board of Directors to provide for conduit financial services. In 1979, Texas passed the Development Corporations Act that allows local governments to create nonprofit development corporations.
Under Chapter 501 of the Local Government Code, GCIDA was created to issue bonds, with approval of the GCA Board, for projects that promote and develop commercial, industrial, and manufacturing enterprises.
Bond Financing Programs
GCA and/or GCIDA have the authority to provide for conduit bond issues of tax-exempt bonds, taxable bonds, and Property Assessed Clean Energy (PACE) financings. Click to Learn More
Bond Resources
GCA and GCIDA are Committed to Providing a Robust Bond Financial Program that Supports Public and Private Governmental Financial Services. Click to Learn More
GCA Bond Program Benefits
TEXT GOES HERE. Click to Learn More
Governance
Gulf Coast Industrial Development Authority’s Board consists of three (3) directors appointed by the Board of Directors of Gulf Coast Authority. GCIDA is authorized to issue bonds for projects to promote and develop commercial, industrial, and manufacturing enterprises with the approval of GCA Board of Directors. Click to Learn More
Bond Financing Form
Services
Recent Posts
- S&P Global Affirms ‘AA-’ Rating for Gulf Coast Authority February 17, 2022
- Gulf Coast Authority Announces Promotions February 15, 2022
- Galveston County Commissioners’ Court Reappoints Peden to Gulf Coast Authority Board of Directors January 20, 2022
- Governor Abbott Appoints Batson to Gulf Coast Authority Board of Directors November 4, 2021
Contact Us
Gulf Coast Authority
910 Bay Area Blvd.
Houston, TX 77058
Established 1969
Phone: (281) 488-4115
Email: info@gcatx.org