Investing in Genesee County’s Growth

The GCEDC’s economic development incentives programs activate, accelerate and improve beneficial projects in our community.

Discover state and utility resources for growing businesses

What Incentives Programs are Available for Businesses in Genesee County?

The GCEDC can assist businesses locating and expanding in Genesee County with incentives based on project investment and increased property assessments generated by project investment.

  • A Payment in Lieu of Taxes (PILOT) partially exempting property tax-type payments from local taxes.
  • Sales Tax incentives exempting non-production equipment and construction materials purchases from state and local sales taxes.
  • A Mortgage Tax incentive partially exempting the state and local mortgage recording tax.

Download an application for financial assistance

The GCEDC also has resources supporting clustered housing development, with developments of 20 or more market-rate apartments eligible for assistance.

Learn how Genesee County is growing housing

What Loan Programs are Available for Businesses in Genesee County?

The GCEDC and GGLDC can assist businesses with low-interest loans for gap financing on projects pursuing manufacturing, commercial, mixed-use and redevelopment projects.

  • The Batavia Micropolitan Loan Fund supports underutilized site and building development in downtown areas
  • The Revolving Loan Fund #2 supports business expansion, retention and attraction investments

Download an application for loan program assistance

What Loan Programs are Available for Agribusinesses in Genesee County?

The GCEDC can assist agribusinesses with low-interest loans for projects adopting new technologies, diversifying or expanding through the Growing the Agriculture Industry Now! (GAIN) Loan Fund

Download an application for the GAIN Loan Fund assistance

Are Tax Exempt Bonds Available in Genesee County?

The GCFC can assist qualifying projects with tax exempt bonding.

Download an application for a tax exempt bond assistance

Can a Business in Genesee County Benefit from a Foreign Trade Zone?

The GCEDC administers Foreign Trade Zone #284, enabling participating businesses to benefit from special customs procedures and duty-free treatment.

All of Genesee County is located in Foreign Trade Zone #284

Learn more about the organizations supporting growth in Genesee County