Nassau County Department of Economic Development
400 County Seat Dr., Suite 139
Mineola, NY 11501
516-571-0390
www.nassauida.org

The Economic Development Agency's main goal is to promote development that can be sustained and that will create high-paying jobs, expand the tax base and improve quality of life. Six initiatives are leading the agency's priorities: promoting high-tech, high-skilled industry; promoting tourism in the county; reclaiming Brownfield, or abandoned industrial, properties for reuse; revitalizing downtown areas; facilitating affordable housing; and coordinating other special projects. Included under this department is the county's Industrial Development Agency; Office of Housing and Intergovernmental Affairs; Planning Department; Sports, Entertainment and Tourism Commission; and the Economic Development Resource Center.

Nassau County Industrial Development Agency
1100 Franklin Ave., Suite 300
Garden City, NY 11530
516-571-4160
www.nassauida.org

The IDA can acquire property and issue bonds to finance projects that could help expand the tax base and employ residents, including projects such as renovating and retrofitting vacant industrial buildings.

Economic Development Resource Center
This new division of the Office of Economic Development was created to bring together businesses, non-profit organizations and local municipalities in promoting sustainable economic development. The new center’s mission still is under construction, but the office promises to "provide crucial information and leverage resources from the federal state and local governments, as well as those in higher education and the private sector, to meet the specialized and complex development needs of Nassau County."

Empire Zones
Businesses located in designated zones are eligible for a variety of incentives, including 100 percent property tax exemptions for the first seven years; low-cost financing; a 10 percent state investment tax credit; wage tax credits; a 40 percent reduction in electric bills; a capital credit against personal or corporate income tax for the purchase of shares in an EZ capital corporation; and reduced sales taxes.

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