PERRY WORKS! .
. .
WHEN IT COMES TO GETTING YOUR COMPANY
THE ASSISTANCE OR TRAINING IT
NEEDS
BUSINESS INCENTIVES AND
FINANCING
The Perry Development Committee works
closely with
the Wyoming County Industrial
Development Agency (WCIDA)
to get companies
the financing and incentives they
need. The following kinds of
financing are available:
The Village of Perry has two designated
Empire Zones available for development.
Both sites are commercial/industrial
zones, served by village water and
sewer. Contact Wyoming County Chamber of
Commerce Director: James Pierce at (585)
237-0230 for more information.
Industrial Development
Bonds and Leases
Project financing can be provided
through the issuance of tax exempt
and taxable
industrial development bonds. Bond
proceeds can be used to fund the
purchase of land
and buildings, building construction
and renovation, and purchase of
machinery and
equipment. The WCIDA can also
provide substantial tax savings to a
qualified project
through a straight lease agreement.
Tax Incentives
The WCIDA can provide property tax
abatements through a
payment-in-lieu-of-taxes
(PILOT) agreement. A qualified
project can also be exempt from
sales taxes for a
limited period, and mortgage
recording taxes.
IDA Low-Interest Loans
The WCIDA also has a direct
low-interest loan program that
provides partial financing
for eligible projects that will
create substantial jobs. Short and
long-term loans can be
used for the purchase, renovation
and construction of business
property,the purchase
of machinery and equipment, and for
working capital. Most loans are
made with
conventional lenders on a joint
basis.
TRAINING
Based in Perry, the Wyoming County
Employment and Training Office can
assemble a
team and financing to provide complete
job training programs customized to
fit the
specific needs of a business employer.
Partial reimbursement of a dislocated
worker's
wages are available for on-the-job
training. Job training grants are also
available through
the state of New York. We will find
the grants and apply for them on your
behalf!