Incentives

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 explore our current incentive policies or submit an application for your business, please visit the Economic Development Incentive Form.

State

Skills Development Fund
State

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.

Texas Enterprise Fund
State

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.

Texas Enterprise Zone Program
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 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.

Local

Corporate Focus on the Future Program
Local

The City of Mansfield aims to encourage the creation of jobs for university and technical program graduates. Many job opportunities that are available following the completion of a university...

The City of Mansfield aims to encourage the creation of jobs for university and technical program graduates. Many job opportunities that are available following the completion of a university degree or technical program originate as an internship that a student completed during their educational pursuits.

Storefront Improvement Program
Local

Direct grants for activating street-level facades, lighting, windows, signage, patios

Direct grants for activating street-level facades, lighting, windows, signage, patios

Downtown Co-Investment Fund
Local
Historic Core Catalyst Fund
Local
Incentives for Use, Not Vacancy
Local

Tax Freeze on Reinvestment for 5 years if building is restored and leased within 12 months.

Tax Freeze on Reinvestment for 5 years if building is restored and leased within 12 months.

Local Legacy Business Program
Local
Pop-Up to Permanent Program
Local
Retail Rent Assistance Grant
Local

A grant to assist with rent payments for up to twelve (12) months with a minimum five (5) year lease at the property where the primary use is retail.

A grant to assist with rent payments for up to twelve (12) months with a minimum five (5) year lease at the property where the primary use is retail.

Grease Trap Grant
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...

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.

Community Activation Grant Program - Historic Downtown Mansfield
Local

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...

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. This program is ideal for individuals or businesses interested in bringing a special event, fundraiser, or community function to the historic core that promotes local artists and provides unique experiences for residents and visitors.

Restaurant Recruitment Program - Historic Downtown Mansfield
Local

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.

Pop-Up Shop/Business Incubator Grant Program - Historic Downtown Mansfield
Local

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...

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. The purpose of this program is to cultivate an encouraging environment for entrepreneurs in Historic Downtown.

Facade Improvement Grant - Special Zoning Districts
Local

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. 

Ownership Partnership Programs
Local
Enhanced Façade & Tenant Improvement Program
Local

Corporate Headquarters Relocation Assistance Program

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 Lease and Corporate Rent Assistance Program

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. 

Development Fee Deferral/Grant

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. 


Other

Commercial and Industrial Standard Offer Program
Other

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. 

Visit our Business Resources page to learn more.

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