Economic Development

Haltom City's Economic Development Department exists to enhance community development within the city. This includes encouraging people and businesses to relocate to Haltom City.

BUSINESS INCENTIVES

The Economic Development Corporation has a variety of resources available to prospective businesses who are looking for a place in Haltom City to call home. If you have any questions, please contact Assistant City Manager Rex Phelps via email or by calling 817-222-7745.

  1. Haltom City Tax Abatement

The Haltom City Tax Abatement Program exempts the value of improvements up to 10 years on the construction of a new facility or for real expansion/modernization of an existing facility. The investment must be $2.5 million and create and sustain 10 new full-time jobs.

  1. Economic Development Assistance Grant
  1. Property Enhancement Incentive Policy
  1. Foreign Trade Zones
  1. State of Texas Enterprise Zone Agreement
  1. Tax Rate
  1. Triple Freeport Exemption
  1. Tax Increment Finance Districts