The Brookhaven IDA has the authority to issue tax-exempt and taxable bonds and notes. It can also grant property tax abatements, mortgage recording tax exemption, and full sales tax exemption for qualified applicants.
"The IDA has been an integral part of our project moving forward, both in terms of the really essential financial support, but also with regard to the myriad ways your office has provided guidance and leadership to assist us in resolving problems or connecting us with the right offices within the Town of Brookhaven to do so. We are looking forward to the immediate job creation that comes along with construction, and to building a beautiful community that will be a special benefit to the seniors in Brookhaven."
Suffolk Transportation Services
"The IDA played an instrumental role in guiding our company through the complex process of developing a commercial business location. We now have a new state of the art facility to better serve our customers and the resident bus riders of Brookhaven. Our thanks goes out to the Brookhaven IDA."
CFO Uncle Wally's Muffin Company
"The Team at the Town of Brookhaven has been there for us each step of our growth cycle. They take an active interest in helping us navigate through issues. We view their Team as an extension of ours!"
Long Island Precast
"The IDA staff helped make the process seamless, and painless too."
Contact Us
One Independence Hill Farmingville, New York 11738