Incentives
KEDC
The KEDC is a 4-A Sales Tax Corporation that was established in the early 1990s. A five member board appointed by the City Council of Kaufman sets policy and direction for the organization. Lee Ayres serves as Executive Director of the KEDC and he is supported by two additional staff. There are numerous incentives available for desirable projects that create larger numbers of better paying jobs with benefits, as well as provide significant capital investment to Kaufman.
City Tax Abatement -Yes, with minimum capital investment and job
creation.
County Tax Abatement - Yes, same formula as city
Loans - Potential for both market rate and below interest loans.
Cash Grants - Yes, with highly desirable projects.
Infrastructure Improvements - Yes
Below Market Priced Land - Yes, with desirable projects.
Land Grants - Yes, with highly desirable projects.
Local Training Grants - Yes, with certain criteria
Texas Capital Fund -
Employee Training Grants and Assistance -
Countrywide Freeport -
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