Herkimer County Industrial Development Agency

The Herkimer County Industrial Development Agency (HCIDA) is a public benefit corporation chartered by the State of New York to advance job opportunities, economic welfare, and the overall quality of life in Herkimer County. The agency works to attract new businesses to the area and retain and expand existing ones by offering a range of financial incentives and business assistance programs. Key services include providing tax abatements (property, sales, and mortgage recording), issuing tax-exempt and taxable bonds for project financing, and administering revolving loan funds to support local enterprises.