Westchester County Industrial Development Agency
Address
148 Martine AveWhite Plains, NY 10601
Phone
(914) 995-2943
Website
http://business.westchestergov.com/
Stories
- Simone Development and Montefiore Health System break ground on 115,000 s/f pediatric facility
- Westchester County IDA approves resolution to assign incentives to Toll Bros. for White Plains project
- Westchester County IDA approves incentives for $95 million apartment complex by NRP Group and RPW Group
- Westchester IDA approves incentives for $95 million apartment project
- Westchester IDA gives preliminary approval for three White Plains developments
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About
The Westchester County Industrial Development Agency (IDA) is a public benefit corporation created to promote and encourage economic development in the county with the primary goal of assisting in the creation and retention of jobs. The IDA offers such benefits as:
- Mortgage recording tax exemption on the purchase and financing of land or a facility
- Sales tax exemptions that support construction, renovation and expansion
- Taxable or tax-exempt bonds
Created in 2013 by County Executive Robert P. Astorino, the Local Development Corporation (LDC) provides low-cost, tax-exempt bond financing for non-profit organizations. Any corporation, small company or non-profit organization looking to access the low-cost and tax-exempt project financing made available through the IDA or LDC should contact Bill Mooney, director of the Office of Economic Development, at (914) 995-2943.