Incentives

The following are some incentives that could apply to this project. With all City, County and State incentives, the McAllen Economic Development Corporation would serve as an advocate and resource for assistance during the application process. Details are provided below on selected City and County incentives.

City of McAllen Incentives:

1. City Economic Development Grant
2. City Property Tax Reimbursement
3. Freeport Exemption-Texas Property Tax Code 11.251
4. Goods-In-Transit Incentive

Hidalgo County Incentives:

1. County Property Tax Abatement

Employee Training Incentives:

1. City of McAllen Supplemental Job Training Incentive Program
2. Texas Skills Development Fund
3. Texas Self Sufficiency Fund
4. State of Texas Refund for Employers of TANF Clients
5. U.S. Department of Labor-Apprenticeship Program
6. Work Opportunity Tax Credits
7. On-The-Job-Training

Training incentives 1 and 2 are administered through South Texas College (STC), which offers a variety of programs that can be customized to fit your training needs. A few of the programs included in this effort are: tool and die, industrial maintenance, precision manufacturing, plastics, leadership and supervisory training. STC is the only college in the state of Texas to be accredited by National Institute for Metalworking Skills (NIMS).

In addition to STC, the Rapid Response Manufacturing Center located at the University of Texas-Pan American (UTPA) in the McAllen MSA focuses on new research, advanced manufacturing and customization. The center is one of several strategies, including workforce recruitment and training, of the North American Advanced Manufacturing Research Initiative (NAAMREI). NAAMREI is a network of 47 partners from K-12 and higher education, business, economic development, industry, finance and government focused on offering manufacturers across North America and the globe, access to proprietary, world-class advanced and rapid response manufacturing.

State of Texas Incentives:

1. Texas Enterprise Fund
2. Texas Enterprise Zone Program
3. Emerging Technology Program
4. State Sales & Use Tax Exemptions
5. Tax Exempt Industrial Revenue Bonds
6. Texas Product Development Fund
7. Texas Small Business Fund
8. Texas Economic Development Act
9. Pollution Control Equipment Incentive
10. Economic development Refund
11. Renewable Energy Incentive
12. Permit Assistance
13. Economic Development & Diversification In-State Tuition for Employees
14. Moving Image Industry Incentive
15. Cancer Prevention and Research Bonds

Private Incentives:

1. Hunt Power

View detailed list of potential incentives available