Since its inception in 2012, The Westchester County Local Development Board (LDC) has assisted not-for-profit organizations in securing tax-exempt bond financing benefits totaling over $400 million. These benefits are provided at no cost or risk to the taxpayers of Westchester County.
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: