Introduction to DCLDC
The Dutchess County Local Development Corporation (DCLDC) is a Not-For-Profit Corporation created by the Dutchess County government under the New York Not-For-Profit Corporation Law 2010 to promote economic development and job creation in Dutchess County. The DCLDC induces companies to invest capital in projects that create jobs and increase the county’s tax base, thereby improving the quality of life for Dutchess County residents.
The DCLDC’s benefits are:
- tax or tax-exempt bond financing for eligible projects
- lower interest rate than conventional financing