FINANCIAL ASSISTANCE
The Heath Economic Development Corporation (HEDC) and Heath Municipal Benefits Corporation (HMBC) provide financial assistance for qualified projects in accordance with guidelines that encourage quality commercial development that expands the City of Heath sales and property tax base and contributes to a higher quality of life without altering the City’s culture as a premier D/FW suburb. Projects are considered on a case-by-case basis.
PROJECT CRITERIA INCLUDES….
Community Impact
- What effect would the project have on the local housing market?
- What environmental impact, if any, will be created by the project?
- How compatible is the project with the City’s Comprehensive Plan?
- What effect would the project have on other taxing entities?
Employment Impact
- How many jobs will be brought to Heath?
- What types of jobs will be created?
- What will be the total annual payroll?
Fiscal Impact
- How much real and personal property value will be added to the tax rolls annually?
- How much direct sales tax will be generated annually?
- How will the project affect existing business?
- What infrastructure construction would be required?
- What is the total projected annual operating budget of the facility?
Learn more and start the application process by downloading the files in the “Related Documents” box on this page.
