12/22/2008 — Master site admin
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As you visit this site you will find pieces of information that you may want to add to a Custom Profile. To do that simply click the "add" link that is associated with that information. Once you are finished gathering data simply click "View Custom Report" and that will take you directly to your report. From there you can email, print or create a PDF of that report.
Harris County Ad Valorem Incentive - Full-Time Permanent Job Creation for Residents of HUD-Designated Low Income Target Areas
Construction of a new eligible facility resulting in creation of jobs for residents of “HUD-Designated Low-Income Target Areas” within the County, as determined on application date, may enable CSD to recommend that Commissioners Court approve an additional tax abatement, per the following: a) 10 jobs (up to 24) 2.0% increase in tax abatement; b) 25 jobs (up to 49) 5.0% increase in tax abatement; c) 50 jobs (up to 99) 10% increase in tax abatement; d) 100 jobs (or more) 20% increase in tax abatement. A qualifying project must nevertheless meet the three basic requirements to for an economic development tax abatement: (1) creation of at least $1 million in new tax roll value, (2) creation of at least 25 new permanent full-time jobs, and (3) competitive siting. Compliance shall be monitored annually based on W-2s and other pertinent employee-specific data to be required/requested from employer as needed. A specific “Target Area Employment Incentive” provision must be contained in the Agreement approved by Commissioners Court and cannot be added at a later date.