County of Ostego Industrial Development Agency
The Otsego County Industrial Development Agency (OCIDA) is dedicated to fostering economic growth in the Oneonta area by providing financing and incentives to local businesses. Through various tax incentives, tax-exempt and taxable bonds, and non-IDA financing options, the agency aims to stimulate investment and development within the county.
In addition to its financial initiatives, OCIDA supports community projects such as the Asteri Housing Project and the development of the Oneonta Rail Yards, which are designed to enhance local infrastructure and create job opportunities. By collaborating with partners like Skyline Hospitality and Delaware Engineering, the agency plays a crucial role in shaping the economic landscape of Otsego County.
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