At the local level, we have tax abatement programs available through the Cayuga County Industrial Development Agency and the Auburn Industrial Development Agency. These local agencies can also provide technical assistance, property to locate your business, and coordination of collaboration among the various public and private entities needed to develop your project.
New York State offers numerous opportunities for business growth including programs through Empire State Development and the 10 Regional Economic Development Councils (REDCs). We have more information on these programs on our Incentives Page or contact us to find out more about available incentives for your business.
With Cayuga County’s growing economic vitality and lower cost of doing business compared to our more populous neighbors, our rural community offers an attractive package to businesses seeking to locate here.
Visit our “Featured Sites” page to learn about some of the commercial real estate available in our area. This page features several sites including a newly designated Opportunity Zone located in the northwest quadrant of the City of Auburn. Opportunity Zones, a product of the Tax Cuts and Jobs Act of 2017, are designed to stimulate new investment in distressed communities nationwide. Investors in these Opportunity Zones can realize tax benefits, which could include deferral or partial forgiveness of capital gains.
Cayuga County is a beautiful, smart, and affordable place to make a home. Residents can take advantage of quality elementary, secondary, and higher education institutions; a wide variety of housing options; low cost-of-living; quality health care; recreational opportunities in all four seasons; and more! Visit our Living Here page to learn why Cayuga County is a great place to live, work, and play.