The first call to make when youre targeting Poughkeepsie NY as the place to expand, start, or relocate your business is the City of Poughkeepsies Economic Development Division. Our staff is dedicated to helping investors and businesses succeed, and can provide all the help and the answers youll need in one centralized location. By encouraging public and private partnerships, the City of Poughkeepsie has become an active and vital business community.
Economic Development Incentives
The City of Poughkeepsie offers many winning opportunities for new businesses and private investors, such as:
■The ability to purchase or rent space at considerably below prevailing metropolitan rates
■Attractive loan packages
■Economic Development Zone tax incentives
The availability, amount and terms of assistance are subject to negotiation and the nature of the development proposed, including the number of new jobs to be created and a commitment to hiring City residents for those jobs.
Cottage Street Enterprise District (CSED)
Economic Development Loan Fund (EDLF)
Tax Financing/Credits
Poughkeepsie/Dutchess Empire Zone: Most of the City of Poughkeepsie is part of the Poughkeepsie/Dutchess Empire Zone. The Empire Zone makes tax incentives available for new businesses and business expansion. All credits are available to certified businesses only. Because the rules governing tax credits and exemptions recently have changed, businesses interested in securing these benefits should contact the Empire Zone Director at (845) 463-5406.
City Hall 2nd Floor
Poughkeepsie, NY, 12601
Fax: 845-451-6152
Monday through Friday 8:30 am to 4:30 pm