Troy Capital Resource Corporation (CRC)

The Governor in Executive Order No. 202.1 (click here for full version) has temporarily modified the Open Meetings Law to allow meetings of public bodies to be held remotely by conference call or similar services. In light of the potential risks to public health and safety from the Novel Coronavirus (COVID-19), the New York State Economic Development Council has recommended that all IDA’s replace in person open meetings with remote telephonic or other digital meetings until the crisis has passed.

As a result, the in-person IDA and CRC meetings will be held via zoom conference. The public may submit written comments in advance of the meeting by e-mail to [email protected].

The public may view and listen to the meeting by visiting the Troy IDA YouTube Page or visit the agenda page to join the zoom meeting.

The City of Troy CRC promotes community and economic development and the creation of jobs in the non-profit and for-profit. CRC develops and provides programs for not-for-profit institutions, manufacturing and industrial businesses and other entities to access low interest tax-exempt and non-tax exempt financing for their eligible projects. The Corporation undertakes projects and activities within the City for the purpose of relieving and reducing unemployment, bettering and maintaining job opportunities, carrying on scientific research for the purpose of aiding the City by attracting new industry to the City or by encouraging the development of, or retention of, an industry in the City, and lessening the burdens of government and, acting in the public interest.

To apply for assistance download our Capital Resource Corporation Application | PDF

To learn more about business incentives in Troy, available properties, and business opportunities contact Dylan Turek in the Economic Development Office at (518) 279-7412.

Board Members*

Justin Nadeau, Chair
Steven Strichman, Exec.  Director
Susan Farrell, Secretary
Elbert Watson, Treasurer
Hon. Anasha Cummings
Hon. Jim Gulli
Stephanie Fitch
Latasha Gardner
Josh Chiappone

*Board members also make up members for the Audit, Finance and Governance committees established in 2013.


Public Hearing Notices
NOTICE IS HEREBY GIVEN that a public hearing will be held by the CITY OF TROY CAPITAL RESOURCE CORPORATION (the “Issuer”) on the 3rd day of May, 2021, commencing at 1:00 p.m., at the City Hall Planning Conference Room, City Hall, 5th Floor, 433 River Street, Suite 5001, Troy, New York 12180, in connection with the matter described below.  As more fully set forth below, the public hearing will be held via Zoom and toll-free telephone conference onlyCLICK HERE FOR FULL NOTICE AND INSTRUCTIONS