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About

The City of Rensselaer Industrial Development Agency is a not-for-profit public benefit agency established by an act of the New York State Legislature under Article 18-A Title 2 Section 903-c of the General Municipal Law. The IDA can help qualified businesses and not-for-profit organizations relocate, expand, and build in the City of Rensselaer. Using financing incentives and tax abatements, we can assist eligible companies cut the cost of acquiring, equipping, and constructing industrial, commercial, manufacturing and civic projects.

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The IDA can also assist new and expanding businesses with site selection, permits, approvals and market information. Meetings of the IDA commence at 4:15 pm on the fourth Monday of each month in the Main Conference Room at Rensselaer City Hall and are also broadcast live on our Facebook Page.  The Public is welcome at all meetings.

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Mission

The City of Rensselaer Industrial Development Agency exists to assist in the enhancement and diversity of the economy of the City of Rensselaer (the City) by acting in support of projects in the City that create jobs, retain jobs, and/or that promote private sector investment utilizing the statutory powers of the Agency as set forth under the provisions of the laws of the State of New York.

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Announcements

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NOTICE OF PUBLIC HEARING ON PROPOSED PROJECT AND FINANCIAL ASSISTANCE:

A Public Hearing for 264 Broadway project is being held by the City of Rensselaer Industrial Development Agency (the “Agency”) on the 22nd day of May, 2023 at 4:00 o’clock p.m iat Rensselaer City Hall in the first floor conference room.

*Public Hearing Notice*

Mission

Mission

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Mission

The City of Rensselaer Industrial Development Agency exists to assist in the enhancement and diversity of the economy of the City of Rensselaer (the City) by acting in support of projects in the City that create jobs, retain jobs, and/or that promote private sector investment utilizing the statutory powers of the Agency as set forth under the provisions of the laws of the State of New York.

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Contact Us

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John J. Bonesteel, Chief Executive Officer

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Rensselaer City Hall

Industrial Development Agency

62 Washington Street

Rensselaer, New York 12144

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Telephone:

(518)860-2082

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Email:

jack.bonesteel@rensselaerny.gov

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TAX EXEMPTION POLICY

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CURRENT UNIFORM TAX EXEMPTION POLICY

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