About:
The mission of the Westchester County Local Development Corporation is to strategically provide resources and encourage economic investment and job growth via capital investments among non-profits and public benefit corporations located within Westchester County. These efforts should result in improved economic well-being for the county’s citizens. This mission will be advanced by judiciously using its authority to issue tax exempt bonds for capital infrastructure projects in the county.
Since its inception in 2012, The Westchester County Local Development Board (LDC) has assisted not-for-profit organizations and public benefit corporations in securing tax-exempt bond financing benefits totaling over $400 million.
Depending upon an organization's growth needs, acquisition, construction, reconstruction, equipping and/or furnishing of its facilities, it can receive funding from the proceeds of tax-exempt bonds issued by the LDC. Want to find out if your organization is eligible? Complete the LDC Project Worksheet. You may also call us at (914) 995-2952 to learn more.
In accordance with the 2005 Public Authorities Accountability Acts and the 2009 Public Authorities Reform Act, the LDC has adopted adopted by-laws, and annually adopts a Mission Statement with Performance Measure report, and the following policies:
