The EDC/CDC

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Incentives

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
Grants
Fee reductions/waivers
Loans
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 joey@opportunityannatx.com

EDC/CDC Staff

Joey Grisham

Economic Development Director

Taylor Lough

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.

Meetings

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.

Agendas / Minutes