The Town of Brookhaven Local Development Corporation (LDC) was established in May 2010 following the expiration of New York State’s civic facilities legislation. The goal is to facilitate financing for not-for-profit organizations such as colleges, hospitals, libraries, and those organizations serving people who are physically, developmentally or mentally disabled.

Applications

Below you will find hyperlinks to the LDC 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 LDC is relatively simple. Just follow these few steps:

  1. It is highly recommended that a preliminary meeting be arranged between the Brookhaven LDC 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 LDC 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.
  2. Prepare and submit an "application package" to the Brookhaven LDC. The application package must contain the following and must be submitted 10 business days prior to the next scheduled board meeting:
    • Complete the fillable PDF application. Please provide 1 original and 1 copy of the application and be sure that the certification page is signed and notarized.
    • Please provide two sets of the company's financial statements for the last two fiscal years. In addition, please attach the financial information described above for an expected guarantor of the proposed financing, if applicable.
    • Please provide a completed Long Environmental Assessment Form.
    • Please provide the most recent Department of Labor form 45.
      Please remove the employee Social Security numbers.
    • A $2,000 non-refundable application fee ($4,000 for projects $5 million and above). Make check payable to the Town of Brookhaven Local Development Corporation.
  3. After staff review, the application package is then presented to the Board of Directors for adoption of an Inducement or Authorization Resolution.
  4. In most cases, a public hearing must be scheduled to solicit public comment on all projects seeking Brookhaven LDC assistance.