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.

Brookhaven LDC Information

The Town of Brookhaven LDC can also provide tax-exempt bonds to construct and equip facilities for not-for-profits such as colleges, libraries, and all state and federally operated medical resources. Please contact us to learn more about both the IDA and the LDC.

The LDC is prepared to provide your company with information on potential sites, Brookhaven, Long Island, and NY State demographics, and other community data that you may need. The dedicated staff at the Town of Brookhaven IDA is prepared to guide an applicant through the process related to the development of your company’s growth.

You can also read this PDF: Top Myths vs. Truths about LDCs

Select any of the incentives above for additional information. Please call to learn more.

Project Criteria

The best way to determine if your project is a good fit for the LDC is to contact us. Each project is different and there is not a one-size fits all approach. The Town of Brookhaven LDC Board weighs many factors in deciding whether to induce a project or not. Job creation and capital investment are two important factors in the decision making process. Usually a capital investment of approximately $1 million is necessary to make the benefits of the project outweigh the costs of the financing with the Town of Brookhaven LDC. And, of course, the proposed project must be located in the Town of Brookhaven.