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The HVBC is located in a New York State "tax free" Empire Development Zone, meaning that it benefits from a number of highly compelling state incentives:
- Five-year Wage Tax Credit of up to $3,000 per-annum for each new job created
- Credit against business, personal income and corporate taxes for 14 years
- Sales Tax Exemption from NYS sales and use taxes for personal property and services sold for a 10-year period.
- Loans and grants for infrastructure and worker training
- Priority in state services
- Low cost industrial development bonds available to businesses
