Orange County IDA Eyes Advanced Manufacturing, Housing in Tax Incentive Policy

Orange County IDA Eyes Advanced Manufacturing, Housing in Tax Incentive Policy
An apartment building in Middletown, N.Y., on Dec. 27, 2022. Cara Ding/The Epoch Times
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The Orange County Industrial Development Agency (IDA) is set to reset its tax incentive policy and hone in on high-tech manufacturing and housing, according to proposed changes to its uniform tax exemption policy.

The local development agency is empowered by the state to grant incentives in property, sales, and mortgage recording taxes to drive desired economic growth.