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.
Chapter 380 Overview
Business Expansion Attraction and Retention (BEAR) Program:
BEAR Guidelines: BEAR Guidelines
BEAR Application: BEAR Application
NOTICE OF PROJECT
Public Hearing
Santa Fe Economic Development Corporation
Pursuant to Texas Local Government Code Section 505.159, the Santa Fe Economic Development Corporation (EDC), a Texas non-profit 4B economic development corporation, will receive comments for the next 60 days on the following proposed economic development project in an amount not to exceed $1,503,845.00. The Santa Fe City Council approved the re-pavement of Warpath Avenue from Highway 6 to 6th Street at its regularly scheduled meeting on October 24, 2024. The re-paving of Warpath Avenue will replace the current asphalt street with a concrete street that serves businesses along Highway 6 including HEB and Whataburger, serves two Santa Fe ISD campuses, will enhance safety and reduce future maintenance costs to the City of Santa Fe. The Santa Fe City Council will hold its public hearings on January 09, 2025, and January 23, 2025 at 7PM. Public Hearings will be held in the Council Chambers of Santa Fe City Hall, located at 12002 Hwy 6, Santa Fe Texas 77510. All comments or concerns can be directed to the Santa Fe EDC PO Box 950, 12002 Hwy 6, Santa Fe Texas 77510 or contact Josh Dearing at (409) 218-4318.
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:
Chief Building Official
409-925-6412