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  3. Incentives

Incentives

Richardson's incentives are not formulaic and are offered only on a case-by-case basis for both state and local projects. In some cases for a large capital intensive project, county and school district incentives could also apply.

Local Incentives

  • Infrastructure Participation.
  • Tax Abatement.
  • Fee Waivers.
  • No Impact Fees.
  • Freeport Exemptions.
  • Tax Increment Financing Zones.
  • City of Richardson Incentive Application.

State Incentives

The State of Texas offers several incentive programs to assist new and existing businesses. Incentives are administered through the governor’s Economic Development office or the Texas Workforce Commission.

For companies considering a location here, the REDP will assist with - and leverage - the best state incentive options available.

Here are incentives offered by the State of Texas:

  • Texas Enterprise Fund (Deal closing fund - major projects relocating to Texas).
  • Skills Development Fund (Job training funds).
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  • Incentives
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Contact Us
Richardson Economic Development Department
1302 East Collins Boulevard
Richardson, Texas 75081
Phone: 972-744-4333
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Richardson ISD
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Dallas College - Richland Campus
Collin College
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