State

Texas Enterprise Zone Program: The purpose of the Texas Enterprise Zone Program is to encourage job creation and capital investment in areas of economic distress by providing communities with an economic development tool through which they can offer state and local incentives and program priority to new or expanding business located in these designated areas.

Texas leverage Fund: The Texas Leverage Fund (TLF) is an “economic development bank” offering an added source of financing to communities that have passed the economic development sales tax. This program allows the community to make loans to local businesses for expansion or to recruit new industries.

State of Texas Industrial Revenue Bond Program: The State of Texas Industrial Revenue Bond Program is designed to provide tax-exempt financing to finance land and depreciable property for eligible industrial or manufacturing projects. The Development Corporation Act allows cities, counties, conservation and reclamation districts to form non-profit industrial development corporations or authorities on their behalf. The purpose is to issue taxable and tax-exempt bonds for eligible projects in their jurisdictions.

Texas Linked Deposit Program: The State of Texas Linked Deposit Program (“Linked Deposit Program”) was established to encourage lending to historically underutilized businesses, child-care providers, non-profit corporations, and/or small businesses located in an Enterprise Zone by providing lenders and borrowers a lower cost of capital.

For further information or assistance, please contact:
Office of Economic Development and Tourism (OEDT)
1700 N. Congress Ave. SFA Bldg, Suite 130
Austin, TX 78711
E-Mail: finance@TDED.state.tx.us
Internet: http://www.txed.state.tx.us
Phone: 512/936-0223
FAX: 512/936-0193
Relay Texas: 800/888-0511