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.
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.
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.
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.
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.
