The Albany County Industrial Development Agency (ACIDA) is a not-for-profit public benefit corporation of the State of New York. This Agency was formed by special act of the New York State Legislature adopted by the State in 1975.
The Agency’s primary goal is to encourage economic growth and expansion through financial incentives, thus advancing the job opportunities, health, general prosperity, and economic welfare of the people of Albany County and the State of New York.
The Agency offers businesses financial incentives in the form of tax-exempt and taxable bonds to cover the cost of construction, rehabilitation, and equipping for a wide range of commercial and industrial projects.