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The principal services of
the Texas Economic Development Partnership are directed at
improving the economic condition of Low-Income Communities and
Low-Income Persons by encouraging investment.
Federal Tax Credits The Texas Economic Development Partnership can
award qualified investors a transferable federal tax credit equal to
39% of the investment. The Partnership can arrange for the
sale of the credits where desired.
State
Tax Credits The Texas Economic Development Partnership can negotiate
state tax credits based upon investment.
Training Grants &
Funding The Texas Economic Development Partnership can assist
companies in obtaining grants and other funding for job skills
training for both existing employees and new
hires.
Capital Grants The Texas Economic Development
Partnership can assist companies in obtaining grants to reduce the
cost of investment.
Working Capital Grants and Low Interest
Loans The
Texas Economic Development Partnership can assist companies in
obtaining grants and low interest loans to reduce the cost of an
investor's debt service.
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