The primary mission of the Tompkins County Industrial Development Agency (TCIDA) is to offer economic incentives to Tompkins County businesses in order to create and retain quality employment opportunities and strengthen the local tax base. The TCIDA targets the industrial sector and will only consider other sectors if certain criteria are met.
In general, the TCIDA avoids offering incentives to businesses that will compete with or displace existing Tompkins County businesses. It prefers to assist those businesses that have a market for products or services extending beyond Tompkins County including “back office” operations and regional or national headquarters.
The following are two unique programs the TCIDA offers to encourage smart growth and high density development:
City of Ithaca Community Investment Incentive Tax Abatement Program (CIITAP)
- Strengthen and enhance the City of Ithaca’s downtown area as the urban center of the county.
- Increase the amount and density of housing and business space in the central business districts throughout the County.
- Promote greater density by encouraging develogpment of existing ‘gaps’ left by abandoned buildings and vacant parcels.
Applicants seeking a tax abatement under this program must first seek the approval and endorsement of the City of Ithaca. To get started click here.
Lansing Town Center Incentive Program
Lansing Town Center Incentive Program – The Town of Lansing Comprehensive Plan identifies goals and objectives around creating a vibrant Town Center where higher density housing, commercial services catering to the needs of local residents, and recreational opportunities are established that increase the tax base and create a sense of community in Lansing.