• 4A Grant Funding: The Taylor Economic Development Corporation was established by the voters in 1994 and funded through a 4A sales tax of one-half of one percent of sales tax receipts. Since its inception, the Taylor EDC has leveraged those funds to acquire and develop industrial property, invest in infrastructure projects, provide training grants, land grants, working capital and growth capital loans to small and large businesses. Taylor EDC can support a grant in the form of a forgivable loan up to as much as $1,000 per job subject to final negotiation. Qualified jobs and significant increases to the local tax rolls are required for qualified investments.

Land Grants

• Taylor EDC owns two industrial parks and can offer free or reduced-cost land in either of the parks. Additionally, as an incentive, Taylor EDC can assume the cost of some of the required improvements (curbs, sidewalks, landscaping) when building on the properties in the parks.

Download a copy of the Taylor EDC Incentives Policy