County of Franklin - Industrial Development Agency - New York

What we do: With a small staff of experienced professionals and committed volunteers appointed to the board of directors by the Franklin County Legislature, we work to secure a better future through investment and quality jobs. Our board and staff keep these goals in mind, and it shows in how we work on every project.

To accomplish these goals, the IDA provides financing resources to business and industry in the form of bonding and PILOT (payments-in-lieu-of-taxes). The exemptions and tax treatment for bonds, sales and use taxes, and for mortgage recording tax may determine whether or not a project is feasible.

The IDA also assists with site selection and development, owning property for commercial and industrial purposes including large industrial buildings in Malone and Bombay. In addition, the Tupper Lake Business Park and the Chateaugay Business Park are owned and developed by the IDA, with the Chateaugay location already pre-permitted as a Build Now NY shovel ready site.

As a Public Authority, the IDA is regulated by the NYS Authorities Budget Office. This means that the IDA meets requirements for transparency and accountability as specified by law and regulation. The IDA's operating policies, meeting minutes, budgets and various reports are all here for you to see on our website. 

Tourism, LDC, CDC

Franklin County TourismWith over 689 lake and ponds, it's no wonder why Franklin County is known for its world-class canoeing and kayaking. Located in beautiful Upstate New York, Franklin County offers some of the finest opportunities in the eastern United States for outdoor recreation in a superb natural setting, in addition to boating of all kinds, Franklin County is a 4-season destination for a full-range of activities. With almost 68% of the county within the Adirondack State Park, residents and visitors may enjoy camping, hiking, snowmobiling, cycling, hunting, fishing, golfing, downhill and cross-country skiing, snow-shoeing, and birding. 
 

 

Local Development CorporationThe LDC is committed to serving new and existing businesses and industries, and to assist with the creation and retention of quality jobs through direct and collaborative funding of projects for the economic well being of Franklin County. 

 

 

Civic Development CorporationFranklin County Civic Development Corporation (CDC) is a corporation established in 2010 for the purpose of issuing tax-exempt bonds for civic facility projects in Franklin County. The CDC will issue bonds for colleges, medical and research facilities, libraries and other not-for-profit corporations to assist with financing needs. It is housed in the IDA offices, and has the same contact information as for the IDA. 

Recent News

Business Assistance
Learn about the many ways the IDA can help you start a business in Franklin County, or help your existing business grow.
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Business Owners: Make Your Voice Heard!
The Federal Reserve Bank of New York wants to hear about your business conditions and financing needs. Your input will help shape programs to help you grow.
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The IDA is committed to serving new and existing businesses and industries, and to assist with the creation and retention of quality jobs by facilitating strategic investment for the economic well being of Franklin County.