About the IDA

The Port Chester IDA actively seeks out economic development opportunities that advance job opportunities, and improve the health, general prosperity and economic welfare of the community. We provide four forms of financial assistance:

  • Mortgage Recording Tax Exemption ± 1.3%
  • Sales and Use Tax Exemption 7.375% (Construction Materials)
  • Real Property Tax Abatement: Payment In Lieu Of Taxes (PILOT)
  • Interest Rate Savings via Tax-exempt Financing