The Cohoes Local Development Corporation is a 501 C 3 non-profit corporation whose mission is to focus on job creation and retention, economic development and housing opportunities within the City of Cohoes. The corporation is made up of five board members, all of which are non-compensated directors.
The CLDC is responsible for administering the Business Loan Program. The primary purpose of the Business Loan Program is to foster economic development in the City of Cohoes and focus on the expansion of local business. The CLDC in conjunction with the Business Loan Program will seek to further its mission through the provisions of low interest loans to businesses.