Local Incentives

All LEDA financial incentives will be based on an Economic Impact analysis. Once the analysis is complete, it must be approved by the LEDA board and members of the Lubbock City Council.

Downtown Incentives

Downtown Grant Program Overview

Market Lubbock Inc. (MLI) will provide grants to offset expenses related to improvements made to downtown properties with the following guidelines:

  • An Applicant must be a valid Owner or Tenant (Lessee) of the property needing improvements
  • Properties must fall within the Lubbock Downtown TIF boundaries (Central Business District TIF)
  • Single-Family residences are excluded.
  • All projects are subject to Market Lubbock Inc. Board, City Staff and Lubbock City Council approval
  • An Applicant is eligible to receive a permittable grant and/or façade grant per property (LCAD R# or Development Lot), per enterprise, per fiscal year. (Expenses used in one grant application cannot be used in another grant application.)
  • Applicant is not eligible for grant program funding if delinquent in property taxes according to Lubbock Central Appraisal District (LCAD) records.
  • MLI disbursements are characterized as “reimbursable grants”.
  • Expenses eligible for reimbursement must relate to reasonable costs or expenses.
  • Improvements must meet City of Lubbock Downtown Guidelines (as determined by the City – Design Standards for the Central Business District JUN 1999, Downtown Public Improvements Design Standards JUN 2015, Central Business Zoning Codes and applicable building codes).

Grant Types

Permittable Projects (improvements requiring a construction permit)

  • Request for grant must be made prior to submitting application to the City of Lubbock for construction permit (must include itemized bid proposals)
  • Scope of Work approved by City Staff
  • Grant approval from the MLI Board and City Council is required
  • City permit obtained
  • Improvements must total a minimum of $10,000
  • Improvements must be approved by the City following completion of the project.
  • Once certificate of occupancy is awarded, copies of paid invoices & proof of payment related to real improvements to property must be submitted to MLI w/permit & Certificate of Occupancy
  • MLI will provide reimbursement grants of up to 10% of paid, approved invoices, not to exceed $100,000 or the stated construction permit amount
  • Total allocated grant fund for FY 2017-18 (Oct. 2017 thru Sep. 2018) is $750,000

Façade and Streetscape Projects (improvements MAY OR MAY NOT require a permit)

  • Request for grant must be made prior to start of construction (must include itemized bid proposals)
  • Scope of Work approved by City Staff
  • Grant approval from the MLI Board and City Council is required
  • Improvements must be made to the exterior of the property
  • Once work is complete and design guidelines are determined to have been met, copies of paid invoices and proof of payment related to real improvements to the property and the City’s written verification of guidelines met must be submitted to MLI.
  • MLI will provide reimbursement grants of no less than $500 and no more than $25,000 for up to 50% of paid, approved invoices.
  • Total allocated grant fund for FY 2017-18 (Oct. 2017 thru Sep. 2018) is $250,000

For more information: MLI Contact – Jorge Quirino (806.317.4777), City Contact – Kristen Sager (806.775.2109)   5.15.18

Tax Incentives

City and County Tax Abatements

Section 380.001 (381.001) of the Local Government Code authorizes municipalities (and counties) to offer a range of incentives designed to promote state or local economic development. Specifically, it allows for the provision of loans and grants of city funds as well as the use of city staff, city facilities or city services at minimal or no charge.

To establish a loan or grant or to offer discounted or free city services, the city must meet the requirements contained in the Texas Constitution and in applicable Texas statutes. Additionally, cities must review their city charters and any other local provisions that may limit the city’s ability to provide such a grant or loan. To determine the latitude of whether a municipality is able to offer a particular incentive or combination of incentives, local communities should consult their city attorney.

Workforce Development

Workforce Solutions South Plains

Workforce Solutions South Plains is the local organization with the authority to operate consolidated workforce, employment and human resources services in the 15-county South Plains Region. Their services include recruitment, screening and referral of qualified applicants, assistance in accessing tax incentive programs and customized training. Most importantly, these services are free to businesses. Many of Lubbock’s most successful employers have worked with the agency to provide for and train their workforce.

The On-the-Job Training program offers employers a financial incentive to hire motivated job seekers and train them in the specific skills needed by the respective business. New workers learn job-specific skills in a structured “hands-on” environment. The employer can be reimbursed for part of the trainee’s wages during a negotiated training period.

Customized Training can be used for new or existing workers. Businesses contribute a portion of the cost of the training as negotiated with the Workforce Solutions Board. Training may be conducted at any of South Plains College’s campus locations, the Byron Martin Advanced Technology Center or on-site at the workplace. For more information on the services that Workforce Solution South Plains can provide businesses, click here.

Community Workforce Partnership

LEDA is a member of the Community Workforce Partnership, an award-winning organization made up of community leaders, business professionals and workforce and economic developments specialists that work to help and assist companies and local industries with their workforce development issues.

Other Types of Assistance

Permit Assistance

LEDA and the various permitting organizations in our region have established a relationship to assist companies which may experience unwarranted delays in their permitting process for projects that could affect job creation or have a significant economic impact.