Clarence IDA OKs Nearly $183,000 in Tax Breaks for Mortgage Company

The Clarence Industrial Development Agency board of directors on Thursday approved nearly $183,000 in tax breaks for a Rochester-based mortgage company to support its 2-mile move from Amherst into a former bank branch in Clarence.

Premium Mortgage is expected to spend about $3 million to purchase and upgrade the former KeyBank at 4401 Transit Road, near Main Street, and to add up to 20 employees within 18 months after it moves from leased space at 2150 Wehrle Drive.
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