The controversial Accelerator program of Orange County Industrial Development Agency (OCIDA) has been slashed down to two tenants as of a June 6 committee meeting. Designed as an incubator providing subsidized rental spaces to small businesses, the Accelerator program was central to a high-profile corruption scandal involving three convicted OCIDA officials in 2021. Bill Fioravanti,…
Orange County IDA’s Controversial Accelerator Program Down to 2 Tenants
June 9, 2023
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accelerator programBill FioravantiNew Yorkorange county industrial development agencyOrange County NYRegional & State NewsState NewsUS
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State Budget Enacts Stricter Oversight Over Orange County IDA
May 3, 2023
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Bill FioravantiIndustrial development agencyJames SkoufisNew YorkOrange County NYRegional & State NewsState NewsUS
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A state monitor will soon be hired to watch over the Orange County Industrial Development Agency (OCIDA) with powers to override board decisions. Proposed by New York State Sen. James Skoufis, the measure to install a monitor is in the $229 billion state budget passed by the legislature on May 2, nearly a month after the…
Orange County IDA Top Executive Charts New Course After Corruption Scandal
As the first chief executive appointed to the county Industrial Development Agency (IDA) following a major corruption scandal, Bill Fioravanti said his top job is to refocus the agency on its core duty and restore public trust. Over the past year or so, he reorganized the team with new service providers, chipped away at stale…
County IDA Responds to Stricter Oversight Proposed by Sen. Skoufis
March 16, 2023
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Bill FioravantiIndustrial development agencyJames SkoufisNew YorkOrange County NYPolicies & ImpactsRegional & State NewsState NewsUSUS News
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An Orange County IDA top official says the agency is already under sufficient state oversight and needs no more from New York State Sen. James Skoufis. Bill Fioravanti, chief executive officer at the county’s Industrial Development Agency (IDA), said the agency reports to the New York State Authorities Budget Office and Comptroller’s Office and operates within the General…
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