Doing Business
Incentives
Local Incentives
Chapter 380 Economic Development Agreement
Chapter 380 of the State of Texas Local Government Code allows municipalities to making loans and grants to stimulate business and commercial activity in the City.
State Incentives
Texas Enterprise Fund
The Texas Enterprise Fund (TEF), the largest “deal-closing” fund of its kind in the nation, continues to attract businesses and jobs to Texas. The TEF can be used for a variety of economic development projects, including infrastructure development, community development, job training programs and business incentives.
Projects that are considered for the Enterprise Fund support must demonstrate a project’s worthiness, maximize the benefits to the State of Texas and realize a significant rate of return of the public dollars being used for the economic development of Texas. Capital investment, job creation, wages generated, financial strength of the applicant, applicant’s business history, analysis of the relevant business sector, and federal and local government and private sector financial support of a project will all be significant factors in approving the use of the Enterprise Fund.
Applications for the TEF must be submitted to the Office of the Governor, Economic Development & Tourism Division, which provides information on how funds are to be utilized and how the proposed project meets the criteria of the program.
Texas Enterprise Fund Overview
Skills Development Fund
The Skills Development Fund is Texas’ premier job-training program providing local customized training opportunities for Texas businesses and workers to increase skill levels and wages of the Texas workforce. The Texas Workforce Commission administers funding for the program. Success is achieved through collaboration among businesses, public community and technical colleges, Workforce Development Boards and economic development partners.
Skills Development Fund Overview
Texas Enterprise Zone Program
Not to be confused with the Texas Enterprise Fund. Projects are eligible to apply for state sales and use tax refunds on qualified expenditures. The level and amount of refund is related to the capital investment and jobs created at the qualified business site. The Enterprise Zone Program is administered through the Office of the Governor, Economic Development Bank. The City of Santa Fe Economic Development will file the TEZP application and complete some of the application requirements and the Project will provide information as needed.
Texas Enterprise Zone Program Overview
Incentives Disclaimer:
Please note that incentives are not offered for every project. Incentives typically require approval from one or more boards or commissions and are subject to final approval by City Council. The City of Santa Fe will work with each applicant to determine the specific needs of the applicant and tailor an incentive package to meet that company’s particular needs.
Zoning Use Matrix
Construction Regulations
Business Regulations
Subdivision Development Ordinance
For more information on Santa Fe’s building requirements, please contact:
Ray Burgess
Chief Building Official
409-925-6412
