The Agency

ABOUT


Our vision is to be the dynamic, approachable driver of economic development in Broome County.

The Agency is the lead economic development organization for Broome County. We govern the Broome County Industrial Development Agency (IDA) and the Broome County Local Development Corporation (LDC).

We provide economic development assistance through property tax abatement programs for expansions or significant renovation projects, revolving loan programs, bond issuance for large-scale manufacturing and non-profit projects, and information on federal and state financing resources, and other technical assistance.

For more than 40 years, the Broome County Industrial Development Agency (BCIDA) has actively fostered economic growth in Greater Binghamton. Over this period, the BCIDA has facilitated more than 150 projects; with a capital investment of more than $725 million.

The BCIDA is a public benefit corporation chartered by the State of New York overseen by a nine member board appointed by the Broome County Legislature.

The BCIDA owns and manages a 600 acre corporate park in Conklin, NY, and more than 1.2 million square feet of real estate in the community including the L3 Link Simulation & Training building in Kirkwood, NY and the historic Carnegie Library in the City of Binghamton.

CONTACT

Address:
5 South College Drive
Binghamton NY 13905

Phone:
607.584.9000

Website:
https://theagency-ny.com/

Social:

STORIES


Binghamton Chamber, Southern Tier 8, and Leadership Alliance partner for CREST regional recovery to work partnership

Binghamton Chamber, Southern Tier 8, and Leadership Alliance partner for CREST regional recovery to work partnership

Binghamton, NY The Greater Binghamton Chamber of Commerce, a founding member of the Leadership Alliance with The Agency,...

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Hempstead IDA approves incentives package for Hempstead Village project

Hempstead IDA approves incentives package for Hempstead Village project

Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has given p...

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Hempstead IDA approves PILOT transfer, allows Castle Lanterra Props. purchase to move forward

Hempstead IDA approves PILOT transfer, allows Castle Lanterra Props. purchase to move forward

Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has approve...

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Executive of the Month: For Linda Alexander, great storytelling has been a hallmark of Alexander Marketing for two decades

Executive of the Month: For Linda Alexander, great storytelling has been a hallmark of Alexander Marketing for two decades

New York, NY The New York Real Estate Journal (NYREJ) sat down for a question and answer session with Linda Alexander, t...

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The Agency Issues Request for Proposals & Statement of Qualifications

The Agency Issues Request for Proposals & Statement of Qualifications

Johnson City, NY The Agency, Broome County Industrial Development Agency and Local Development Corporation, in partnersh...

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Broome County: Home to one-stop-shop business retention & expansion services - by Stacey Duncan

Broome County: Home to one-stop-shop business retention & expansion services - by Stacey Duncan

Two of the most important tools in any economic development organization’s toolkit are strong, active community pa...

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Nassau IDA launches rebrand and new website

Nassau IDA launches rebrand and new website

Mineola, NY The Nassau County Industrial Development Agency (NCIDA) celebrated the launch of its new marketing strategy,...

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Hempstead IDA approves financial incentives to maintain affordability of Park Lake complex

Hempstead IDA approves financial incentives to maintain affordability of Park Lake complex

Hempstead, NY Frederick Parola, CEO of the Town of Hempstead Industrial Development Agency, said the agency’s boar...

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Town of Hempstead LDC gives final approval for $45m tax-exempt bond sale

Town of Hempstead LDC gives final approval for $45m tax-exempt bond sale

Hempstead, NY According to Frederick Parola, CEO of the Town of Hempstead Local Development Corp. (LDC), the economic de...

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