Schenectady County Capital Resource Corporation

The Schenectady County Capital Resource Corporation (CRC) was created by the Schenectady County Legislature to increase economic development and promote the creation of jobs by increasing access to low-interest, tax-exempt and non-tax-exempt financing for non-profit institutions. The CRC will undertake projects and activities within the County for the purpose of relieving and reducing unemployment, bettering and maintaining job opportunities, carrying on scientific research for the purpose of attracting new industry, or retaining industry, to the County, and lessening the burdens of government and acting in the public interest.

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Mission Statement with Performance Goals and Results

Enabling Statute


Code of Ethics


Organization Chart

Board Members


Schedule of Debt (12/31/20)

Schedule of Debt (12/31/19)


Conduit Debt (Union College 2012)

Conduit Debt (Union College 2017)

Conduit Debt (Schaffer Heights 2018)


Board Meeting Schedule

Board Meeting Notices

Board Meeting Agendas

Board Meeting Minutes


Budget Report for Fiscal Year Ending 12/31/2023

Budget Report for Fiscal Year Ending 12/31/2022


2021 Independent Certified Financial Audit

2020 Independent Certified Financial Audit


Uniform Tax Exemption Policy


Real Property Disposition Policy

2021 Real Property Report

2020 Real Property Report


Procurement Policy

2020 Procurement Report

2019 Procurement Report


Investment Policy

2021 Investment Report

2020 Investment Report


Whistleblower Protection Policy