At its meeting today, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved financial assistance to Hanover PV, LLC, including Payment in Lieu of Tax (PILOT) agreement providing real property tax abatement, sales tax abatement, and mortgage recording tax abatement for a new community solar farm planned there.
The CCIDA Board approved funding for 28 businesses and non-profit entities in the following sectors: manufacturing/warehousing; not-for-profits; retail/commercial/agriculture; small business; and tourism/hospitality. All said, $5,736,293 in funding was approved by the Board of Directors after a thorough review by the Loan Committee, which will, in addition to retaining hundreds of jobs, create upwards of 100 new jobs.
All businesses, including low-risk outdoor arts and entertainment, agritourism, farmers markets, and craft beverage producers must comply with industry-specific guidelines to reopen and to remain open during the COVID-19 Public Health Emergency. The State’s guidance, available at https://forward.ny.gov.
The U.S. Economic Development Administration (EDA) officially announced on September 9th that the County of Chautauqua Industrial Development Agency (CCIDA) has been selected as the recipient of a $10.5 million grant through the CARES Act, which will enable the agency to establish a new Revolving Loan Fund (RLF). The RLF will provide capital in the form of low-interest loans to both businesses and non-profit organizations as a means to respond to economic injury resulting from the COVID-19 pandemic.
The Chautauqua County Partnership for Economic Growth (CCPEG) recently completed a year-long process to develop a comprehensive County-wide Economic Development Strategic Plan. The plan was presented to the public on Wednesday via video conference.
The Chautauqua County Division of Economic Development and the CCIDA jointly financed the development and production of this marketing tool, which tells the story of the County’s world class attractions and four-season entertainment.
FOR IMMEDIATE RELEASE Contact: George Borrello, (716) 753-4211 September 21, 2018 INCREASE IN AREA’S LODGING OCCUPANCY BODES WELL FOR TOURISM GROWTH STR Survey Shows Lodging Occupancy and Revenues are up for Hotels in Chautauqua County Pictured above, the lobby of the new National Comedy Center in Jamestown, […]