ACIDA

The Albany County Industrial Development Agency (ACIDA) is a not-for-profit public benefit corporation of the State of New York. This Agency was formed by special act of the New York State Legislature adopted by the State in 1975.

The Agency’s primary goal is to encourage economic growth and expansion through financial incentives, thus advancing the job opportunities, health, general prosperity, and economic welfare of the people of Albany County and the State of New York.

The Agency offers businesses financial incentives in the form of tax-exempt and taxable bonds to cover the cost of construction, rehabilitation, and equipping for a wide range of commercial and industrial projects.

Advantages & Benefits of ACIDA

Project Spotlight

Projects undertaken by the Agency are exempt from sales and mortgage recording taxes, and real property tax abatement can also be offered. These exemptions enable the Agency to lower the cost of undertaking and financing a project. The Agency has played an important role in a number of significant projects.

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Our Team

Meet the Board

Hon. William M. Clay, Chair

Albany County Legislative District 12

William M. Clay has been an Albany County Legislator since 2004, representing residents of the 13th Legislative District and since the 2010 re-districting, he represents the 12th Legislative District.

Bill currently serves as Chair of the Legislative Black Caucus and Chair of the Albany County Industrial Development Agency.

Bill has supported legislation to secure Homeland Security grants to give police, firefighters and medical personnel the communications technology they need to respond effectively to terrorist threats as well as day-to-day emergencies. He sponsored legislation to establish an integrated domestic violence court in Albany, urged state approval for an increase in New York’s minimum wage and supported improvements to maintain the Pepsi Arena as a first-class facility attracting high-caliber entertainment and sporting events.

Bill served as Assistant Commissioner of the New York State Office of General Services in charge of Minority and Women-Owned Business Enterprises and community relations. He rejoined the agency in 2007 after serving nearly 15 years as president of his own private investigation and security firm, which he formed in 1993 after 29 years with the State OGS. He first joined OGS in 1964 as a Capital Police Officer and rose through the ranks to become Captain in 1989. From 1981-1992, he served as Director of the MWBE program for OGS while on leave from his Capital Police assignments.

Michael Paparian, Treasurer

Michael J. Paparian is Senior Vice President of Commercial Banking at Citizens Bank. He is responsible for the Middle Market Portfolio and new business development in Upstate New York and the Capital Region, assisting companies with a full range of financial services from credit, cash management, foreign exchange, interest rate risk management, loan syndications to M&A. He has held various positions over the years with increased responsibility. Michael is a graduate of SUNY Oneonta and received his degree in Business Economics and holds FINRA Securities licenses 63 and 79.

He is active in the community and serves on the Board of the Center for Economic Growth, Treasurer of the Albany County Industrial Development Agency, Treasurer of the Albany County Capital Resource Corporation and former Board member and Vice President of buildings and grounds of Ronald McDonald House Charities of the Capital Region in addition to serving on many committees of area not for profits.

Marlene McTigue, Secretary

Raconteur-Growth Specialist-Marketing Strategist-Economic Development Professional-Fiduciary- Blue Sky Thinker-Company DEI Advocate

A passionate integrated communications & marketing professional with over 20 years’ experience in public relations, contract facilitation, sales, print & digital storytelling, news-reporting, content development, creation and implementation and local economic development initiatives.
Currently serving on the Board of Directors at the Albany County IDA, Chair of the Board of Directors of the Ravena-Coeymans-Selkirk Community Business Association and member of the leadership council of The Center for Economic Growth.

Anton Dreslin, Assistant Secretary

Anton Dreslin is the Executive Director at NYS Office of Information Technology Services.  He has been a board member of the Albany County Industrial Development since 2018 and a member of the Audit Committee.

Hon. Wanda Willingham

Deputy Chairwoman, Albany County Legislative District 3

Wanda has served the 3rd Legislative District in Albany since January 1999 and currently serves as the Deputy Chair of the Legislature. She brings a wealth of experience to the position and possesses proven leadership skills in working with the community in various endeavors. She is a founding member of the Legislative Black Caucus and also serves as the City of Albany’s 4th Ward Leader.

During her time in the Legislature, Wanda has authored the “Tobacco-Free Pharmacy” legislation to prohibit the sale of tobacco products in pharmacies and other health care facilities. She was instrumental in the effort to build a new nursing home for seniors, successfully brought Congregate Meal Services to seniors, and supported continued funding for NY Connects. In addition, she has been a strong advocate and proponent of improvements to foster care to reunite families and establish permanency for children.

Wanda has co-sponsored a bill creating a nonpartisan, inclusive and participatory redistricting process for the future. This piece of legislation is key to the success of the legislature because it ensures proper representation of all community interests, whether rural, urban or suburban.

Paul Nylin

Paul Nylin is an Assistant Business Manager for the International Brotherhood of Electrical Workers, Local 236. Nylin is a graduate of Colonie High School and, in 2015, completed the Tri-City Joint Apprenticeship Committee’s (Tri-City JATC) five-year Journeyman Wireman Apprenticeship Program.

Paul also completed leadership and private-sector labor law training at Cornell University’s School of Industrial and Labor Relations.

Paul has previously served as the shop steward at the Kesselring Naval Nuclear Laboratory for the team supporting the U.S. Navy’s training program. And as an Albany County Industrial Development Agency (IDA) member, Paul oversees economic development and job creation projects.

Nylin volunteers for the Boys and Girls Club of the Capital Area, Capital Holiday Lights in the Park, the Special Olympics, and St. Joseph’s Stick it to Child Homelessness campaign. He also led volunteer efforts to renovate Ganser-Smith Memorial Field in Menands. He also serves as Assistant Commissioner and a coach for the North Colonie Youth Baseball Association.

Bill Murphy

Four Winds Saratoga. 1991-1994. Saratoga Springs, NY. Director of Finance. Privately owned, 75 bed, inpatient psychiatric hospital with outpatient and partial hospital programs. Developed reimbursement strategies and financial reporting and budgeting.

DCG Development Co. 1994 – current. Clifton Park, NY. Vice President and Chief Financial Officer. Privately owned Real Estate Development Company with real estate assets located primarily in southern Saratoga County. Responsible for all accounting, financial reporting, tax planning, real estate financing, legal and human resource functions.

Albany County IDA and Albany County Community Resource Corporation. 2009 – June 2023. Albany County, NY. CFO and then CEO (2020) of these component units / Agencies of Albany County created for the purpose of encouraging economic growth in Albany County.

Bachelor of Business Administration in Accountancy.  University of Notre Dame 1976

Meet the Staff

Kevin O’Connor, CEO

Amy Thompson, CFO, Procurement Officer

Antionette Hedge, Executive Assistant to CEO

Christopher C. Canada, Esq.

Albany County Executive Daniel P McCoy

Public Documents

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