The Edinburg Economic Development Corporation is dedicated to making Edinburg an innovative and competitive city for business investment that creates prosperity and employment.
The EDC is a Type A Economic Development Corporation, funded by a portion of local sales tax. A Type A EDC focuses on projects that generate primary jobs, that is, jobs that produce goods or services for customers that are predominantly outside the community, such as manufacturing, industrial facilities, distribution centers, etc.
Type A Eligible Projects
According to the Texas Comptroller, eligible Type A projects include:
- manufacturing and industrial facilities, recycling facilities, distribution centers, and small warehouse facilities;
- research and development facilities, regional or national corporate headquarters facilities, primary job training facilities operated by higher education institutions, job training classes, telephone call centers and career centers not located within a junior college taxing district;
- certain infrastructure improvements that promote or develop new or expanded business enterprises;
- aviation facilities;
- commuter rail, light rail or commuter bus operations;
- port-related facilities, railports, rail switching facilities, marine ports, inland ports; and
- maintenance and operating costs associated with projects.
Type B Eligible Projects
Type B EDCs focus on quality of life improvements in communities, such as parks and other recreational facilities, public safety, and affordable housing.
On November 8, 2011, the voters of the City approved the 2011 Proposition authorizing the EDC to use funds for recreational facilities, limited to entertainment, public parks and park facilities, and all related store, restaurant, concession, and automobile parking facilities and all related roads, streets, water and sewer facilities as allowed under Section 505.I52 of the Texas Local Government Code.