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

Suffolk County IDA approves support for $22.5 million Cornerstone Kings Park development

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a financial assistance package for Cor...

Babylon Industrial Development Agency projects deliver $1.8 billion in value and over 6,000 new jobs

Babylon, NY The Babylon Industrial Development Agency (Babylon IDA) remains a significant driver of job creation and eco...

NYS comptroller’s report shows town of Hempstead IDA driving economic growth and job creation

Hempstead, NY The town of Hempstead Industrial Development Agency (IDA) remains a significant driver of job creation and...

Suffolk County Industrial Development Agency approves $9.2 million investment

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a strategic incentive package to suppo...

Back to school, back to business: Why education is economic infrastructure for the Southern Tier - by Stacey Duncan

As students across the Southern Tier head back to school this fall, it’s not just a moment of fresh starts, new ro...

Proprietary preferred equity advantages Structuring smart deals: How Arbor’s preferred equity supports capital efficiency in today’s multifamily market - by Jean-Laurent Pouliot

Providing competitive current and accrual pay rate structures is essential for any multifamily preferred equity product....

Abad of CHI moderates panel discussion on affordable housing trends