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Hudson Valley Film Commission
UCIDA
Ulster County Industrial Development Agency

FOR IMMEDIATE RELEASE
Contact: Lance Matteson (845) 338-8840 ext 214
(845) 389-3300 cell
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UCIDA SUPPORTS HUDSON VALLEY FILM COMMISSION’S CREATIVE ECONOMY THRUST

KINGSTON, NY, February 11, 2011 The Ulster County Industrial Development Agency (UCIDA) voted unanimously at its February 9, 2011 meeting to approve a supplemental $20,000 grant to the Hudson Valley Film Commission (HVFC). This action increases 2011 UCIDA funding for the film commission to $40,000.

The UCIDA is a public authority governed by a seven-member board appointed by the County Legislature. It provides tax incentives, bonding, and selective grants that create jobs and enhance the quality of life in Ulster County. The UCIDA partners with industry engines that boost economic growth in the County.

UCIDA Chair Dave O’Halloran noted, “Economic development will benefit by our continued financial support of this creative industry. Partnering with the Hudson Valley Film Commission is a win-win for Ulster County.” UCIDA CEO Lance Matteson added, “The Commission works in the major leagues of cinema, yet is ‘lean and mean’. It has convincingly documented the significant investment and jobs film productions bring to the local economy. We’re proud to partner in this ongoing effort. And, make no mistake it is an effort – it doesn’t just happen.”
HVFC director Laurent Rejto said, "It's great to work with an agency like the UCIDA, which understands the tangible economic benefits the film and video industry brings to the community."

Area film and media production in 2010 exceeded fifteen million dollars in value and 813 days of production – including 284 days in feature films production, some involving celebrated industry names. Jobs and revenue flowed to local actors, caterers, crew members – as well as services vendors for accounting, food and gear, location management, location rentals, lodging, special effects, tent rentals, and transportation.

2011 is already shaping up to be another banner year for the Hudson Valley Film Commission and the region. Two films are already in production and about twenty others are already scouting or prepping.

The UCIDA holds monthly meetings that are open to the public. Information is available at the UCIDA’s Website, www.ulstercountyida.com.

About the Ulster County Industrial Development Agency
The UCIDA is a public authority authorized by the State of New York, with members appointed by the Ulster County Legislature. TheUCIDA offers taxable and tax-exempt bonding for business expansion and relocation. UCIDA can also offer real property tax abatements, mortgage recording tax abatements and sales tax abatement during construction. The Ulster County Development Corporation (UCDC) has been contracted by the UCIDA to administer and promote the UCIDA programs.

For more information about the Ulster County IDA, please visit: www.ulstercountyida.com.