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Hudson IDA halts hotel approvals for 90 days

May 08, 2022 12:30 am

Noah Eckstein is reporting for Columbia-Greene Media that the Hudson Industrial Development Agency has decided it will withhold approval of any prospective hotel applications for the next 90 days. This will allow the IDA time to compose evaluation criteria on how to decide whether a prospective hotel or business is appropriate for the city of Hudson. The agency’s board voted unanimously to extend the time period for applications at a public workshop last week. Ryan Wallace, IDA chairperson and Third Ward councilmember said, “...[W]e want to ensure that the IDA Board has the opportunity to discuss, refine and hopefully approve the new criteria so that we can use it to fairly evaluate these hotel projects that are coming before us while doing right by the immediate and neighboring communities.” The IDA promotes, encourages, attracts and develops job opportunities and economically advantageous commerce and industry in the city of Hudson. The agency also offers businesses needs assessment, site selection, financial incentives and access to other public-sector programs. The IDA will continue to accept applications, but they will not be voted on officially until after the 90-day window closes. Read the full story at HudsonValley360 [dot] com.

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