Incentives

The Brooks Development Authority is able to offer a number of potential incentives for investment, including:

• Job Creation
• Capital Investment
• Workforce Training Assistance
• Development Financing Programs
• EB-5 Program

Other programs offered through the local, state and federal governments may be applied for, including:

• City/County Joint Tax Phase-In Program
• Freeport Exemption Program
• State Enterprise Zone (EZ) Designation
• Work Opportunity Tax Credit
• Welfare-to-Work Tax Credit
• EZ Facility Bonds
• Increased Section 179 Expensing
• Non-recognition of Gain on Sale of Empowerment Zone Assets
• Partial Exclusion on Gain of Sale of Empowerment Zone Stock

For more information regarding these incentive opportunities at Brooks City-Base, please contact Brooks Development Authority or visit the Office of the Governor Rick Perry’s Economic Development Department Incentive Programs website.