About
The City of Rensselaer Industrial Development Agency is a not-for-profit public benefit agency established by an act of the New York State Legislature under Article 18-A Title 2 Section 903-c of the General Municipal Law. The IDA can help qualified businesses and not-for-profit organizations relocate, expand, and build in the City of Rensselaer. Using financing incentives and tax abatements, we can assist eligible companies cut the cost of acquiring, equipping, and constructing industrial, commercial, manufacturing and civic projects.
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The IDA can also assist new and expanding businesses with site selection, permits, approvals and market information. Meetings of the IDA commence at 5:15 pm on the fourth Monday of each month in the Main Conference Room at Rensselaer City Hall and are also broadcast live on our Facebook Page. The Public is welcome at all meetings.
Mission
The City of Rensselaer Industrial Development Agency exists to assist in the enhancement and diversity of the economy of the City of Rensselaer (the City) by acting in support of projects in the City that create jobs, retain jobs, and/or that promote private sector investment utilizing the statutory powers of the Agency as set forth under the provisions of the laws of the State of New York.
Announcements
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NOTICE OF SPECIAL MEETING
Please take notice that a special meeting (the “Meeting”) of the City of Rensselaer Industrial Development Agency (the “Agency”) will be held on Friday, March 27, 2026 at 5:15 p.m., local time.
The Meeting will be held in the public meeting room located in Rensselaer City Hall located at 62 Washington Street, Rensselaer, New York 12144.
At the Meeting, the Agency will (A) discuss the annual report and annual audited financial statements of the Agency (collectively, the “Annual Information”), (B) consider approving such Annual Information, and (C) any other business that the members present may wish to discuss pursuant to the General Municipal Law of the State of New York and the By-Laws of the Agency.
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2026 MEETING SCHEDULE
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Mission
Mission
Mission
The City of Rensselaer Industrial Development Agency exists to assist in the enhancement and diversity of the economy of the City of Rensselaer (the City) by acting in support of projects in the City that create jobs, retain jobs, and/or that promote private sector investment utilizing the statutory powers of the Agency as set forth under the provisions of the laws of the State of New York.
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Contact Us
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Steven P. Terry
Executive Director
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Rensselaer City Hall
Industrial Development Agency
62 Washington Street
Rensselaer, New York 12144
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Telephone:
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Email: