Oswego County Industrial Development Agency | Economic Growth & Business Support in Oswego County New York

The Oswego County Industrial Development Agency offers a range of financial assistance programs designed to support business growth, job creation, and investment throughout Oswego County. Explore our available incentives, including tax abatements, bonds, and financing opportunities that help new and expanding businesses succeed while strengthening our local economy.

Fee Schedules:

Application for Financial Assistance
Application Fee: $500
Administrative Fee: 0.75 percent of project cost

Application for Economic Development Funds
Application Fee: $100
Administrative Fee: 1.00 percent of financial assistance

Annual Administrative Reporting for S/L Transaction Projects Only
Application Fee: N/A
Administrative Fee: $500

Financial Assistance Programs:

The County of Oswego IDA may provide financial assistance to qualified business applicants in the form of (A) issuance of tax-exempt or taxable revenue bonds, or by participation in straight lease transactions for purposes of conferring real property tax, sales and use tax, and/or mortgage recording tax exemptions or (B) financial assistance to eligible participants from one of the IDA's four Economic Development Funds (EDFs).

(A) Application for Financial Assistance*:
used to apply for tax-exempt and taxable revenue bonds or tax exemptions. This application is also used to apply for any and all of the state-authorized incentives that an IDA can use to encourage and enhance economic development, including exemptions for real property tax, sales and use tax and/or mortgage recovery tax.

(B) All of the EDFs are structured whereby debt service or lease payments are deposited into the appropriate and segregated EDF fund account to be available for other eligible businesses. Guidelines vary between funds due to programming requirements.

*Application is a fillable pdf. If it opens in a browser window and is not fillable, download the file and open it in Adobe Acrobat Reader.

Application for the IDA Economic Development Fund Program: used to apply for the EDFs listed below.

PILOT EDF: was capitalized from a portion of PILOT payments in accordance with a resolution adopted by the Oswego County Legislature in 2015;

HUD EDF: capitalized from repayments of HUD-funded loans, projects must meet HUD low/mod income requirements to be eligible;

Application for the Intermediary Relending Program (IRP):
used to apply for the EDF listed below.

USDA IRP EDF: capitalized from a loan from USDA and matching funds from the IDA

Application for the Micro-Enterprise Loan Program (MEP):
used to apply for the EDF listed below.

Micro-Enterprise EDF: targeted for loans to graduates of the Micro-Enterprise Training Program sponsored by Operation Oswego County and the IDA. A micro-enterprise must employ (5) five or fewer employees. Capitalized from a HUD grant and matching funds from the IDA.