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Find similar grantsTexas Capital Fund is sponsored by Texas State. Offers economic development funding for businesses that create local jobs and invest in underserved communities.
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Texas Capital Fund | Taylor Texas Economic Development Corporation Supports rural business development, retention and expansion by providing funds for public infrastructure, real estate development, or the elimination of deteriorated conditions. The Texas Capital Fund infrastructure development and real estate programs are economic development tools designed to provide financial resources to non-entitlement communities.
Funds from the infrastructure program can be utilized for public infrastructure needed to assist a business that commits to create and/or retain permanent jobs, primarily for low and moderate income persons. Funds from the real estate program must be used for real estate development to assist a business that commits to create and/or retain permanent jobs, primarily for low and moderate-income persons.
The real estate and/or improvements must be owned by the community and leased to the business. These programs encourages new business development and expansions. Eligible applicants are non-entitlement general purpose units of local government including cities and counties that are not participating or designated as eligible to participate in the entitlement portion of the federal Community Development Block Grant Program (CDBG).
Non-entitlement cities that are not participating in urban county programs through existing participation agreements are eligible applicants (unless the city’s population is counted towards the urban county CDBG allocation).
Non-entitlement cities are located predominately in rural areas and are cities with populations less than 50,000 thousand persons; cities that are not designated as a central city of a metropolitan statistical area; and cites that are not participating in urban county programs.
Non-entitlement counties are also predominately rural in nature and are counties that generally have fewer than 200,000 persons in the non-entitlement cities and unincorporated areas located in the county. Businesses or individuals may not directly submit applications.
Application Minimum/Maximum: $100,000/$1,000,000 The Texas Capital Fund RE/Infra Program will be available quarterly, on a competitive basis, to eligible applicants statewide. Scoring is based on: Proportion of Jobs Created
Scoring criteria used to review proposals for this grant.
According to the current listing, eligibility includes: Businesses in Texas creating local jobs and investing in underserved communities. Confirm the full requirements in the official notice before applying.
The current listing shows up to $500,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Texas Capital Fund is funded by Texas State. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Texas. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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