Westchester County Industrial Development Agency
Address
148 Martine AveWhite Plains, NY 10601
Phone
(914) 995-2943
Website
http://business.westchestergov.com/
Stories
- Westchester County IDA approves financial incentives for two mixed-use projects
- LCOR celebrates grand opening of the first phase of the $250 million Continuum project in White Plains; Builder was Cappelli/LRC Construction and designed by SLCE
- Maloney and Mucilli lead new private client banking team at signature bank with Olimpio and Robertson
- GDC celebrates grand opening of the $34.9 million Lofts on Saw Mill River
- Westchester County IDA and LDC generated $604 million private investment and 2,179 jobs in 2016
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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.