Mansfield Economic Development is dedicated to fostering growth for both new and established businesses within the City of Mansfield. We offer a variety of incentive programs designed to support your business goals. Below is a summary of our available incentives. We look forward to partnering with you to develop a customized solution that meets your unique needs.
To learn about our current Incentive Policies, please view and download the Economic Development Incentive Policy.
Economic Development & Diversification In-State Tuition for Employees is a program that allows employees—and those employees’ family members—of a qualified business considering a relocation...
Economic Development & Diversification In-State Tuition for Employees is a program that allows employees—and those employees’ family members—of a qualified business considering a relocation or expansion of its operations in the State of Texas to pay in-state tuition rates at public institutions of higher education in the state without first establishing residency.
Established by the 74th Legislature in 1995, The Skills Development Fund was designed to better utilize the public community and technical college system in Texas as well as other training...
Established by the 74th Legislature in 1995, The Skills Development Fund was designed to better utilize the public community and technical college system in Texas as well as other training organizations and have them partner with businesses throughout the state (with priority on small businesses) to train workers to meet the labor needs of employers and the regional labor market.
Supports rural business development, retention and expansion by providing funds for public infrastructure, real estate development, or the elimination of deteriorated conditions.
Supports rural business development, retention and expansion by providing funds for public infrastructure, real estate development, or the elimination of deteriorated conditions.
The Texas Enterprise Fund (TEF) awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a...
The Texas Enterprise Fund (TEF) awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a financial incentive for those companies whose projects would contribute significant capital investment and new employment opportunities to the state’s economy.
The Texas Enterprise Zone Program (EZP) is a state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state.
The Texas Enterprise Zone Program (EZP) is a state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state.
The Work Opportunity Tax Credit (WOTC) is a federal income tax benefit administered by the U.S. Department of Labor (DOL) for employers who hire individuals from specified target populations....
The Work Opportunity Tax Credit (WOTC) is a federal income tax benefit administered by the U.S. Department of Labor (DOL) for employers who hire individuals from specified target populations. WOTC reduces a business’s federal tax liability, serving as an incentive to select job candidates who may be disadvantaged in their efforts to find employment.
The Product Development and Small Business Incubator Fund (PDSBI) is a revolving loan program financed through original bond issuances. The primary objective of the program is to aid in the...
The Product Development and Small Business Incubator Fund (PDSBI) is a revolving loan program financed through original bond issuances. The primary objective of the program is to aid in the development, production and commercialization of new or improved products and to foster and stimulate small business in the State of Texas.
A Grease Trap Grant is a financial assistance program aimed at helping businesses, especially in the food service industry, manage grease disposal in compliance with local...
A Grease Trap Grant is a financial assistance program aimed at helping businesses, especially in the food service industry, manage grease disposal in compliance with local regulations. These grants typically cover the cost of installing or upgrading grease traps, which are essential for preventing grease, fats, and oils from entering the wastewater system, thus avoiding blockages and environmental issues.
The City has historically utilized Tax Increment Reinvestment Zones (TIRZ) as a powerful vehicle to develop and redevelop qualified projects based on City goals and objectives.
The City has historically utilized Tax Increment Reinvestment Zones (TIRZ) as a powerful vehicle to develop and redevelop qualified projects based on City goals and objectives.
Chapter 380 of the Texas Local Government Code allows Mansfield to offer a range of incentives for economic development, including the ability to rebate some of the city's portion of the...
Chapter 380 of the Texas Local Government Code allows Mansfield to offer a range of incentives for economic development, including the ability to rebate some of the city's portion of the 1.0% sales and use tax collected from business entities located in the jurisdiction.
In Mansfield, Texas, tax abatements are available as part of the city's efforts to encourage business growth and economic development. The City of Mansfield offers property tax abatements...
In Mansfield, Texas, tax abatements are available as part of the city's efforts to encourage business growth and economic development. The City of Mansfield offers property tax abatements to qualifying businesses that meet certain criteria. These abatements can provide significant savings for new and expanding businesses, particularly in key industries such as manufacturing, distribution, and technology.
As of May 2021, the Historic Downtown Mansfield Pop-Up Shop and Business Incubator Grant Program was establish. This grant program was established to bring together entrepreneurs, artists,...
As of May 2021, the Historic Downtown Mansfield Pop-Up Shop and Business Incubator Grant Program was establish. This grant program was established to bring together entrepreneurs, artists, makers and small businesses with local property owners to fill vacant spaces and activate Historic Downtown Mansfield. Our downtown is home to unique small businesses, a thriving art community, and creative entrepreneurs and we believe that expanding active retail spaces will benefit residents, existing businesses, and visitors alike. The purpose of this program is to cultivate an encouraging environment for entrepreneurs in Historic Downtown. Please see the link to the program packet below to learn more. The packet includes further details about the program as well as the program application.
As of May 2021, the Historic Downtown Mansfield program has created the Community Activation Grant. Applicants are invited to apply for grant funding to help them provide special events and live...
As of May 2021, the Historic Downtown Mansfield program has created the Community Activation Grant. Applicants are invited to apply for grant funding to help them provide special events and live entertainment through the promotion of local artists and other community activation efforts in the area. Please see the link to the program packet below to learn more. The packet includes further details about the program as well as the program application.
As of April 2021, the Mansfield City Council approved the creation of a Restaurant Recruitment Program which lays out funding mechanisms for providing incentives to drinking and dining...
As of April 2021, the Mansfield City Council approved the creation of a Restaurant Recruitment Program which lays out funding mechanisms for providing incentives to drinking and dining establishments. If qualified and approved, applicants will be eligible to receive some combination of funding on an annual basis following the issuance of their Certificate of Occupancy. Please read the attached Program Information and Application Packet to learn more!
The City of Mansfield is excited to announce that we have approved a Restaurant Recruitment Program that is specific to key commercial corridors in our Historic Downtown core.
The City of Mansfield is excited to announce that we have approved a Restaurant Recruitment Program that is specific to key commercial corridors in our Historic Downtown core.
A Retail Rent Assistance Grant is a financial support program designed to help retail businesses cover their rental expenses, particularly in times of financial hardship,...
A Retail Rent Assistance Grant is a financial support program designed to help retail businesses cover their rental expenses, particularly in times of financial hardship, economic downturns, or when a business is starting or expanding. This grant is often aimed at small businesses and can provide relief by covering a portion of the rent costs for commercial spaces.
Centerpoint Energy offers incentives to participants (Project Sponsors) who install energy efficient retrofit projects in commercial and industrial facilities. This program also accepts new...
Centerpoint Energy offers incentives to participants (Project Sponsors) who install energy efficient retrofit projects in commercial and industrial facilities. This program also accepts new construction projects, which exceed minimum energy efficiency standards.
A "Corporate Headquarters Relocation Assistance Program" refers to a company initiative where they financially support their employees when the company headquarters moves to a...
A "Corporate Headquarters Relocation Assistance Program" refers to a company initiative where they financially support their employees when the company headquarters moves to a new location, covering costs associated with selling their current home, moving their belongings, finding new housing, and potentially even temporary accommodations in the new area, essentially easing the burden of relocating for their job.
Master leasing is a housing strategy that can help reduce barriers to housing and increase housing availability. It involves a third party, like a nonprofit or government...
Master leasing is a housing strategy that can help reduce barriers to housing and increase housing availability. It involves a third party, like a nonprofit or government agency, that: Subleases units from landlords, Selects tenants, Manages the property, and Assumes financial risk.
A development fee deferral is an arrangement that allows developers to delay paying development fees until they have secured permanent financing for a project. This arrangement...
A development fee deferral is an arrangement that allows developers to delay paying development fees until they have secured permanent financing for a project. This arrangement is often used for affordable housing projects.
A "Facade Improvement Grant" in a "Special Zoning District" refers to a financial assistance program offered by a municipality where property owners within designated...
A "Facade Improvement Grant" in a "Special Zoning District" refers to a financial assistance program offered by a municipality where property owners within designated special zoning districts, often historic or revitalization areas, can receive funding to improve the exterior appearance (facade) of their buildings, typically with the goal of enhancing the aesthetic appeal and overall character of the neighborhood while adhering to the unique design guidelines of the special zoning district.
