A number of economic development loan programs are available to assist businesses to grow, create jobs, and support real estate development projects in the City of Albany. Funding sources are designed to encourage investment that will expand the commercial and industrial tax base for the City of Albany. Businesses that are making investments such as purchasing property and equipment and creating new jobs are excellent candidates for the loan programs.
Visit Capitalize Albany Corporation for a list of finance and loan programs available. Or visit the Albany Industrial Development Agency / Capital Resource Corporation for information on real property tax abatement programs and other financial assistance.