The objective of the Troy Local Development Corporation is to construct, acquire, rehabilitate and improve buildings or sites and to assist financially with the construction, acquisition, rehabilitation and improvement of buildings or sites, for use by others, that are located in the City of Troy. From meeting with existing businesses and discussing how we can best support the retention of jobs, a
nd facilitate growth and expansion, to attracting new investors who have the need to create new jobs and the desire to contribute to our commercial tax base, to reclaiming and redeveloping the most underutilized and under appreciated locations along our waterfront, the TLDC's an active economic development agent of the City of Troy.. Working in tandem with our local partners, the City of Troy and the Troy Industrial Development Authority, we have strengthened our federal, state, and private partnerships which has enabled us to significantly expand our financial assistance programs. We will continue to explore all available resources to spur economic development projects and promote the continued growth of our existing business base, while attracting new investors to the City. We are grateful for the dedication of the Board of Directors and for their commitment to Reinventing, Renewing, and Redeveloping Troy, and we look forward to a productive year.
