What is an IDA?

IDAs were authorized in 1969 in New York State GML-Article 18-a, and have been established for every county outside of New York City, with two counties sharing one IDA - for a total of 56 county IDAs. There are also 26 city IDAs, including the New York City IDA, 27 town IDAs, 4 village IDAs, and one IDA that was jointly established for a city and a town. Currently, there are a total of 114 IDAs in New York State.

IDAs are often the lead economic development entity for the county, city or town in which they operate. IDAs serve as a conduit between the public and private sectors in influencing and encouraging the much needed capital investment that results in job creation and retention.

AIDA Portfolio Projects List 2015

What is an IDA?

IDAs were authorized in 1969 in New York State GML-Article 18-a, and have been established for every county outside of New York City, with two counties sharing one IDA - for a total of 56 county IDAs. There are also 26 city IDAs, including the New York City IDA, 27 town IDAs, 4 village IDAs, and one IDA that was jointly established for a city and a town. Currently, there are a total of 114 IDAs in New York State.

IDAs are often the lead economic development entity for the county, city or town in which they operate. IDAs serve as a conduit between the public and private sectors in influencing and encouraging the much needed capital investment that results in job creation and retention.

AIDA Portfolio Projects List 2015