OCIDA Issues RFP for QEP for EPA Brownfield Assessment Grant
The Orange County IDA (OCIDA) was recently awarded a $500,000 Brownfield Assessment Grant from the federal Environmental Protection Agency.
OCIDA revising its Uniform Tax Exemption Policy (UTEP)
Orange County IDA is revising its current Uniform Tax Exemption Policy (UTEP). All IDA’s in New York State are required to maintain
Green Thumb Industries Acquires Warwick Land for 450,000-Square-Foot Cannabis Production Facility
Green Thumb Industries (GTI), a Chicago-based marijuana company, has purchased 38 acres of former prison grounds in Warwick, New York, for $3.3 million. The company plans to build a massive 450,000-square-foot production facility, marking a significant milestone in Orange County’s burgeoning cannabis industry.
Could IDA incentives help ease the housing shortage crisis?
As the Hudson Valley grapples with a mounting housing affordability crisis, Industrial Development Agencies (IDAs) may emerge as an innovative part of the solution. Traditionally focused on fostering economic growth through commercial and industrial development, IDAs like the Orange County Industrial Development Agency are now exploring whether their financial tools could help alleviate housing challenges.
