Incentives & Financing

Incentives

And Financing

As the lead economic development agency in Broome County, we offer various financial incentives to promote the growth of our local economy.

Tax Examptions & Incentives /

LDC

LDC APPLICATION FOR BENEFITS

This application is required to determine eligibility for tax-exempt bonds for large projects undertaken by non-profits.

IDA

IDA APPLICATION FOR BENEFITS

This application is required to apply for Payment In Lieu of Tax (PILOT) programs, Sales and Mortgage Recording Tax exemptions and the issuance of Industrial Revenue Bonds.

IDA

UNIFORM TAX EXEMPTION POLICY

The Uniform Tax Exemption Policy will apply to all installment sales and lease agreements in which The Agency holds nominal title to real and personal property on behalf of its clients.

IDA

SMALL BUSINESS INCENTIVE PROGRAM

The Small Business Incentive Program can provide eligible applicants the following: an eight percent (8%) NYS sales tax exemption on all construction materials, machinery & equipment and FF&E.

Tax Examptions & Incentives /

IDA

BR+E Loan Fund

The BR+E Fund provides low interest financing to small business concerns unable to fully finance their projects with equity, conventional financing, or other private and public sources.

IDA

BDF Loan Fund

The BDF loan program is designed to stimulate the expansion of small business for the purpose of retaining and/or creating jobs in Broome County.

IDA

STEED Loan Fund

The STEED program is primarily designed to assist existing firms by offering low interest financial support.

Want Help?

Interested in applying for benefits?

Download the application to start the process.

Have a question? Looking for help?

Complete our guided form to initiate contact.

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