Below you will find hyperlinks to the IDA applications. PDF forms can be viewed online, printed, or saved to your local computer for entry and printing.
The Process (How to Apply)
The process for obtaining assistance from the Brookhaven IDA is relatively simple. Just follow these few steps:
- It is highly recommended that a preliminary meeting be arranged between the Brookhaven IDA staff and your decision-makers involved with the project (typically attorney, CPA/CFO, operations). We like to learn about your company's history and growth potential (or proposed development project). In addition, this initial meeting explains IDA procedures, fees, timelines for public hearing notices and Board meetings, required paperwork (such as vendor lists, Town of Brookhaven permits, etc.) and other important issues involved with development projects. At the very least, a telephone conversation can resolve most application questions.
- Prepare and submit an “application package” to the Brookhaven IDA. The application package and all supporting documents must be completed and submitted 14 business days prior to the next scheduled Board meeting.
- Please complete the fillable PDF application. Please provide 1 original and 1 copy of the application and be sure that the certification page are initialed, signed and notarized.
- Please provide two sets of the company's financial statements for the last two fiscal years; the company's annual reports (or 10-K's if publicly held) for the two most recent fiscal years; quarterly reports (form 10-Q's) and current reports (form 8-K's) since the most recent annual report, if any; in addition, please attach the financial information described above for an expected guarantor of the proposed financing, if applicable.
- Please provide a completed Environmental Assessment Form.
- Please provide the most recent DEPARTMENT OF LABOR FORM 45. Please remove the employee Social Security numbers.
- A $3,000 non-refundable application fee for projects with a total project cost under $5,000,000. A $4,000 non-refundable application fee for projects with a total project cost of $5,000,000 and above. Make check payable to the Town of Brookhaven Industrial Development Agency.
- For Housing and Spec Industrial / Warehouse / Distribution projects, a Feasibility Study must be provided.
- After staff review, the application package is then presented to the Board of Directors.
- In most cases, a public hearing must be scheduled to solicit public comment on all projects seeking Brookhaven IDA assistance.
