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The City of Anna and its EDC/CDC consider candidates for economic development incentives on a case-by-case basis. The key criteria are: amount of capital investment, type of project, number of permanent jobs, wage levels, and added tax value. Some of the potential incentives include:
- Property tax rebates/abatements
- Triple Freeport Exemption
- Fee reductions/waivers
- Tax increment reinvestment zones
- Public improvement districts
- Infrastructure assistance
- Chapter 380 agreements
Those receiving incentives will be required to enter into a performance agreement. For more information or to receive an incentives application, please contact Joey Grisham at 214-831-5394 or firstname.lastname@example.org
Economic Development Director
Economic Development Manager
EDC/CDC Board Members
- Place 1: Anthony Richardson (President)
- Place 2: Rocio Gonzalez (Secretary)
- Place 3: Doris Pierce
- Place 4: Bruce Norwood
- Place 5: Stan Carver (Vice-President)
- Place 6: Terry Farrell
- Place 7: Michelle Hawkins
The EDC/CDC has been instrumental in several key projects and provided incentives that resulted in much of Anna’s retail development, including: Brookshire’s, McDonald’s, and the Anna Town Center that includes Wal-Mart (Starbucks, Salsa Tex Mex, Chick-fil-A, Whataburger, ER at Anna, and more coming soon).
The EDC/CDC also purchased the 85-acre Anna Business Park at State Highway 5 and the Collin County Outer Loop, and provided bonds for improvement to Slayter Creek Park.
About the EDC/CDC
Anna is somewhat unique in that it has two economic development corporations, the A and B type: Anna EDC (Economic Development Corporation) the A-type; and Anna CDC (Community Development Corporation), the B-type.
Type A EDCs are typically created to fund industrial development projects such as business infrastructure, manufacturing and research and development. They’re all business.
Type B CDCs can fund all the same projects eligible for Type A, as well as parks, museums, sports facilities, and affordable housing. They were created to enable quality of life improvements.
Unless otherwise posted, the Board meets at 6:30 p.m. on the first Thursday of each month at the City Hall Administration Building, 111 North Powell Pkwy, Anna, Texas.