Corporate Reports

The Erie County Industrial Development Agency (ECIDA) has a related party relationship with the Buffalo and Erie County Regional Development Corporation (RDC) and the Buffalo and Erie County Industrial Land Development Corporation (ILDC).

The Regional Development Corporation (RDC) was incorporated for the purpose of encouraging the expansion of existing companies in target areas of the County of Erie by establishing an Industrial Revolving Loan Fund from which RDC makes loans to individual companies. RDC manages the revolving loan fund originally established with funds provided by the Federal Economic Development Administration (EDA) and Federal Department of Housing & Urban Development (HUD).

Buffalo and Erie County Industrial Land Development Corporation (ILDC) manages the development of the 240-acre Renaissance Commerce Park in Lackawanna and the Erie County Agribusiness Park in the Town of Evans. ILDC staff also administer Erie County's Microenterprise loan/grant program.  ILDC is sanctioned to issues tax exempt bonds (as a pass-through entity), allowing Erie County non profit and governmental organizations to borrow funds at a lower interest cost.