• 519 9th St., Hempstead, TX 77445

State Incentives

State Incentives

Historically the State of Texas has been strong when it comes to attracting companies. This is largely due to the many incentives they offer.

Incentives and incentive programs can change frequently. Most state and federal programs depend on available funds. While we make every effort to provide the latest information, the information provided on this page does not represent a commitment on behalf of Waller County or the WCEDP.

We have included the overview of incentives offered by the state and provided by the Governor’s Office of Economic Development.

Enterprise Zone

Waller County meets the requirements to be considered an Enterprise Zone. This designation allows us to apply for state assistance for projects creating new jobs.

Participation & Benefits to Participation
Local communities must nominate a company as an Enterprise Project to be eligible to participate in the Enterprise Zone Program. Legislation limits allocations to the state and local communities per biennium. The state accepts applications quarterly with deadlines on the first working day of March, June, September and December.

Designated 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.

Texas Capital Fund

The Texas Capital Fund (TCF) program is a federal HUD grant and administered by the Texas Department of Agriculture. The TCF program encourages business development, retention, or expansion by providing funds to eligible applicants. Funds will be awarded for the express purpose of assisting in the creation of new permanent jobs or retention of existing permanent jobs, primarily for low and moderate income (LMI) persons. In order to comply with the national goal of expanding economic opportunities for LMI persons, a minimum of 51 percent or more of all the jobs created or retained by the business must benefit persons who qualify as LMI.

These funds are a part of the U. S. Department of Housing and Urban Development's (HUD) Community Development Block Grant (CDBG) program and is known as the Texas Community Development Program (TCDP) in our state. The program is only available to non-entitlement city or county governments. Non-entitlement cities/counties do not receive direct funding from HUD and typically include cities with a population of less than 50,000 and counties of less than 200,000.

Since Waller County qualifies to receive these funds, we can apply to qualify projects needing public infrastructure to complete a facility.  The funds can only be used for public infrastructure.