The principal services of the New York Economic Development Partnership are directed at improving the economic condition of Low-Income Communities and Low-Income Persons by encouraging investment. 

Federal Tax Credits
The New York Economic Development Partnership can award qualified investors a transferable federal tax credit equal to 39% of the investment.  The Partnership can arrange for the sale of the credits where desired.

State Tax Credits
The New York Economic Development Partnership can negotiate state tax credits based upon investment.  In some instances, the credits are transferable and in some instances they are treated as cash (refundable regardless of tax liability).  In some states, the tax credit can be as much as 100% of the investment.  In New York, some tax credits are refundable (provides cash regardless of tax liability).

Training Grants & Funding
The New York Economic Development Partnership can assist companies in obtaining grants and other funding for job skills training for both existing employees and new hires.

Capital Grants
The New York Economic Development Partnership can assist companies in obtaining grants to reduce the cost of investment

Working Capital Grants and Low Interest Loans
The New York Economic Development Partnership can assist companies in obtaining grants and low interest loans to reduce the cost of an investor's debt service.