Columbia County Industrial Development Agency
Columbia County Capital Resource Corporation
City of Hudson Industrial Development Agency
The Industrial Development Agencies and the Capital Resource Corporation offer financial incentives for projects that will create jobs and grow the local economy.
CEDC also offers a range of financing options for businesses. The SBA Microloan program and CEDC Revolving Loan program provides loans up to $50,000 at competitive interest rates that are ideal for working capital or equipment purchases. All microloans come with free one-on-one technical assistance from CEDC staff and consultants in areas of accounting, marketing, employee management, site selection and more.
The IDA actively promotes, encourages, attracts and develops job opportunities and economically-sound commerce and industry throughout the county. The agency incentivizes investment in projects that create jobs and increase the Columbia County Tax Base in the following ways:
- Sales tax exemption
- Mortgage tax exemption
- Real property tax abatement
- Tax or tax-exempt bond financing