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The Shippensburg Industrial Development Authority (IDA) provides low interest, tax free financing for industries interested in locating in the Shippensburg area and for industries already located here looking to expand. Members of the IDA review applications for loans and approve or deny such, based on their review.

IDA meetings are held as required in the Borough Council meeting room located at 111 N. Fayette Street.

Industrial Development Authority members are:
Douglas Washinger – Chair
Steve Brenize
Nathan Goates
Ken Morgan
Edward S. Goodhart – Treasurer

IDA members are volunteers appointed by Borough Council for Five year terms.