OMB has established several Public Benefit Corporations and Local Development Corporations to assist in the financing of capital projects in the City.

  • Public Benefit Corporations are created and explicitly authorized by State legislation.

  • Local Development Corporations are created by or for local governments under New York State’s Not-For-Profit Corporation Law.

Public Benefit Corporations

Local Development Corporations

Related Links

We encourage you to utilize the resources below to learn more about the City Budget.