Incentives, Financing and Taxes

The Katy Area Economic Development Council is here to help you. Our staff has over 40 years of experience in economic development. Let our experts show you the variety of options you’ll have to choose from.  The Katy area and the state of Texas have created dynamic and growing economies with the help of a pro-business tax structure and pro-business climate. Some key features of the tax and business environment include: no state income tax on persons or businesses, no local income or occupational taxes on persons or businesses, a low franchise tax, a strong tort reform law and Employment-At-Will and Right-to-Work laws. Katy Area EDC works diligently to aid companies in exploring tax incentives and maximizing monetary efficiency for relocations and expansions.  Below please query the type of incentives of interest from the pull down menu or search button which include Covid, Goodwill, Grants, Loans, Permitting, Rebates, Tax, Taxes, Training and Workforce. 

CenterPoint Energy's Data Center Energy Efficiency Program (DCEEP) assists data center owners and operators with reduction in energy costs through practical technical assistance and cash incentives, while recognizing the importance
CenterPoint Energy Offers free assistance to customers interested in replacing diesel or propane forklifts with electric forklifts. Program Offerings: Calculate the potential financial and emission savings specific
CenterPoint Energy, the local distribution company for Katy electricity, offers several grant/rebate programs for companies that implement energy efficiency programs and/or equipment. These programs are available to small and large
CenterPoint Energy’s Commercial Load Management Program can reduce summer peak demand and improve the energy efficiency of large commercial and industrial facilities. Program is available to non-residential distribution,
The primary focus of an FTZ is to allow companies to reduce or eliminate duties and tariffs until such time as they are shipped to other markets. No duty is
The Business Loan Fund helps finance new or expanding small businesses when traditional funding isn't available or isn't enough. All applicants must have applied for funding from a private lending
The purpose of the Katy Area Economic Development Council Opportunity Fund is to provide local support and local leverage for companies that meet Texas Enterprise Fund (TEF) Grant criteria. As
One of the few EDC’s in the Houston Area to offer this assistance, Katy Area EDC helps companies with relocation. On a case-by-case basis, Katy Area EDC staff assembles Local
Offering transportation benefits to employees is an effective way to recruit and retain top talent-a critical strategy in today's difficult business environment-and gives you a tax break, too.  The 1998
WHAT IS PACE? Property Assessed Clean Energy (TX-PACE) is a proven financial tool that incentivizes Texas’ property owners to upgrade facility infrastructure with little or no capital outlay. Approved by State