More than $16 million of improvements are eligible to be reimbursed from taxes generated by increased property value in the development's Tax Increment Reinvestment Zone.

The City Council of Burleson, Texas, approved economic incentives that the city's economic development corporation will provide to the biotech company, including a $100,000 equipment relocation grant and $5,000 per full-time job created through 2020, plus additional incentives if AxoGen reaches certain milestones.

The long anticipated Tax Increment Reinvestment Zone (TIRZ) that would earmark increases in property tax values for public improvement projects in a specific area is now a reality in the city of Marble Falls.

Building on the Obama Administration's efforts to double energy productivity by 2030 and help communities save on energy bills, the Energy Department awarded nearly $4 million to 13 states to increase statewide energy savings and boost the energy efficiency of public institutions, local governments and industrial sectors.

The McAllen Economic Development Corp. may offer $500,000 to SpaceX, which is considering building the world's first commercial space launch site near Brownsville.

This Federal Funding Opportunity (FFO) announcement sets out EDA's application submission and review procedures for two of its Economic Development Assistance programs (EDAP) authorized under the Public Works and Economic Development Act of 1965, as amended.

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As the largest "deal-closing" fund of its kind in the nation, the TEF continues to attract businesses to Texas. The fund is used only as a final incentive tool where a single Texas site is competing with another viable out-of-state option. This is the current application used by the Office of the Governor.

This long-awaited study by the Center for Community and Business Research at The University of Texas at San Antonio's Institute for Economic Development focuses on a core 10-county area within the West Texas Energy Consortium, and explores drilling information as well as direct and indirect economic impacts for them.

Sue Hounsel with the City of Dallas provides an overview of Texas procedures for TIF districts, the City of Dallas' TIF program and creation of proactive policy, and recent updates on how policy and procedures adapt.

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