Troy Local Development Corporation

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Troy Local Development Corporation The Troy Local Development Corporation (Troy LDC) is an active economic development agent of the City of Troy.

The objective of the Troy Local Development Corporation is to construct, acquire, rehabilitate and improve buildings or sites and to assist financially with the construction, acquisition, rehabilitation and improvement of buildings or sites, for use by others, that are located in the City of Troy. From meeting with existing businesses and discussing how we can best support the retention of jobs, and facilitate growth and expansion, to attracting new investors who have the need to create new jobs and the desire to contribute to our commercial tax base, to reclaiming and redeveloping the most underutilized and under appreciated locations along our waterfront, the TLDC's an active economic development agent of the City of Troy.. Working in tandem with our local partners, the City of Troy and the Troy Industrial Development Authority, we have strengthened our federal, state, and private partnerships which has enabled us to significantly expand our financial assistance programs. We will continue to explore all available resources to spur economic development projects and promote the continued growth of our existing business base, while attracting new investors to the City. We are grateful for the dedication of the Board of Directors and for their commitment to Reinventing, Renewing, and Redeveloping Troy, and we look forward to a productive year.

One of our Round 2 funded projects underway!
06/08/2026

One of our Round 2 funded projects underway!

The redevelopment of the King Fuels site has been a long time coming. With Phase 2 of the National Grid remediation rece...
05/08/2026

The redevelopment of the King Fuels site has been a long time coming. With Phase 2 of the National Grid remediation recently completed, the site is unrecognizable and a lot cleaner. This agreement moves us one step closer to a developable site.

A potential deal for a section of the South Troy waterfront could open the way for the giant salt pile to move and other new development.

After our meeting today, the Troy LDC Executive Director Seamus Donnelly, board members and LDC team took a field trip t...
05/01/2026

After our meeting today, the Troy LDC Executive Director Seamus Donnelly, board members and LDC team took a field trip to check out the progress being made at Proctors. Things are on track and looking good! The finished product will be a mix of historic elements highlighted and showcased alongside modern functionality.

Congratulations to our Chairman, Jeff Betts, for being recognized as an Albany Business Review 40 under 40! Sharing an a...
03/24/2026

Congratulations to our Chairman, Jeff Betts, for being recognized as an Albany Business Review 40 under 40! Sharing an article they previously published to highlight his accomplishments with Sash & Frame.

Windows were Jeff Betts' way to build a creative business >> See the full article below ⬇️

Good News! The grant application deadline has been extended until close of business on Tuesday MARCH 31st! Please visit ...
03/23/2026

Good News! The grant application deadline has been extended until close of business on Tuesday MARCH 31st! Please visit link in original post for details. Troy, NY - City Hall Downtown Troy Business Improvement District Rensselaer County Regional Chamber of Commerce

Mayor Mantello announced today that the application process is now open for the latest round of Community Business Improvement Grants through the Troy Local Development Corporation, supporting small businesses and commercial property owners across the Troy!

Grants ranging from $5,000–$10,000 will be awarded on a 50% reimbursement basis to assist with purchasing, rehabilitating, or upgrading commercial space. The updated funding structure ensures more businesses and neighborhoods can benefit citywide.

Applications are due March 20, 2026, with awards announced in April.

For more information on qualifications or to apply now visit troyny.gov/CBIG 🔗

Address

433 River Street, Ste 5001
Troy, NY
12180

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 4:30pm

Telephone

+15182797412

Website

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