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Business Incentives - Oak Ridge North

Business Incentives

The City of Oak Ridge North takes pride in offering a business-friendly environment. The City of Oak Ridge North and the Oak Ridge North Economic Development Corporation /custom-writing (a Type B EDC) work with businesses to provide both logistical and financial assistance in relocating to or remaining in Oak Ridge North. Business incentives packages are developed on a case-by-case basis through evaluation of factors such as the projected economic impact to the city, number of jobs created, estimated property and sales tax revenue to the city and other tangible and intangible benefits to the city and our residents. Our “tool belt” for proposal essay examples customizing an incentive package may include:

• Chapter 380 Agreement
• Sales Tax Phase-In
• Tax Increment Reinvestment Zone (TIRZ)
• Freeport Tax Exemption
• Infrastructure Participation
• Development Fee Waivers
• Public Improvement District (PID)
• Other Non-Cash Incentives

ORN Economic Development Incentive Policy

ORN Economic Development Incentive Application

ORN SPRUCE Grant (existing businesses only)

Montgomery County Economic Development Incentive Policies

The Commissioners Court of Montgomery County, Texas recognizes the importance of economic vitality in our community and partners with ORNEDC to both attract and retain our businesses.

State of Texas Incentives

Texas is “Wide Open for Business!” and the ORNEDC stands ready to help businesses navigate the economic incentives available from the State of Texas.

We look forward to welcoming your business to Oak Ridge North!

TEXAS: Wide Open for Business

Governor Greg Abbott reviews the many excellent reasons why the business climate in Texas is just perfect for growing industries.

Contact Us

Heather Neeley, Director of Economic Development
hneeley@oakridgenorth.com, 832·381·3227
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