The purposes of the Southwest Management District are to enhance the physical, social and economic well being of the community. In February 2007, the board adopted a four-point Service and Action Plan to address mobility and transportation planning, environmental and urban design, public safety, and business and economic development. The mission of the District is to attract public and private capital investment, provide professional management of the area’s needs, and promote the District as a premier place to invest, work and live.
If you are a commercial developer or broker, the Southwest Management District can assist you in the following ways:
- Answering requests for maps and summary population and demographic data obtained from the U.S. Census or ESRI.
- Market demand and economic feasibility studies for proposed new retail, office or industrial projects utilizing quantitative and/or qualitative primary research methods as appropriate, as well as available secondary data. 70% of the costs of such studies may be rebated if the projects proceed.
- Assistance in obtaining Texas Workforce Solutions’ subsidies and tax credits in conjunction with the Texas Back to Work, Work Opportunity Tax Credit and HIRE Act Tax Benefit programs.
- Information and contacts related to HCC education and training programs that benefit District employers and their employees.
- Basic information about the Federal EB-5 Program administered by the U.S. Citizenship & Immigration Services agency which enables foreign business investors meeting certain minimum requirements to obtain permanent residence visas over time.
- Assistance in obtaining State of Texas incentives including sales tax refunds, state and use tax exemptions, job training grants, and on-the-job training assistance related to particular projects and workforce requirements.
- Assistance in obtaining City of Houston and Harris County property tax abatements on industrial building investments of $1 million or more, based on the creation of 25 or more jobs by Year 3 of any project.
- Assistance in negotiating Chapter 380/381 agreements with the City of Houston to fund infrastructure for high priority commercial or residential projects.
BUSINESS & ECONOMIC DEVELOPMENT COMMITTEE
- Don Wang – Chair
- Kenneth Li
- Harry Shani
- Steve Moore
Other members: Jim Wu, Chi-mei Lin, Mark Winchester, Paul Cheong, Lisa Johnson, Beth Martin, Ana Mac Naught