Retail Developers
The City may partner with retail developers and owner/operators on projects that support the Office of Economic Development's goals.
Retail projects eligible under the Public / Private Partnership Program should meet one of two goals:
Projects located in a tax increment financing district may be eligible in limited instances for TIF funding; generally mixed-use developments with retail components better meet the goals of a district than retail-only projects.
The City's New Markets Tax Credits program, administered through the Dallas Development Fund, may be able to offer equity financing to retail projects in Eligible and Distressed areas, for both operators and owners.
The Dallas PACE program offers innovative financing for commercial building owners to make green energy improvements, including water conservation, energy-efficiency, and renewable retrofits.
Under the Small Business Adaptive Reuse Program, small businesses which reside in owner-occupied single-tenant buildings in southern Dallas may be eligible for grant funding for building improvements.
Small businesses in the South Dallas / Fair Park area may be eligible for grants or loans under the SD/FP Opportunity Fund program.
Large Projects
Public / Private Partnership Program
Retail projects eligible under the Public / Private Partnership Program should meet one of two goals:
- Projects investing a minimum of $250,000 an existing retail center that is at least fifteen (15) years old may be considered for a reimbursement grant for improvements that positively impact surrounding neighborhoods;
- Projects supplying previously unavailable retail options in Target Areas such as grocery stores in food deserts.
Tax Increment Financing Program
Projects located in a tax increment financing district may be eligible in limited instances for TIF funding; generally mixed-use developments with retail components better meet the goals of a district than retail-only projects.
New Markets Tax Credits
The City's New Markets Tax Credits program, administered through the Dallas Development Fund, may be able to offer equity financing to retail projects in Eligible and Distressed areas, for both operators and owners.
Small Projects / Operators
Property Assessed Clean Energy
The Dallas PACE program offers innovative financing for commercial building owners to make green energy improvements, including water conservation, energy-efficiency, and renewable retrofits.
Adaptive Reuse Grant Program
Under the Small Business Adaptive Reuse Program, small businesses which reside in owner-occupied single-tenant buildings in southern Dallas may be eligible for grant funding for building improvements.
South Dallas / Fair Park Opportunity Fund
Small businesses in the South Dallas / Fair Park area may be eligible for grants or loans under the SD/FP Opportunity Fund program.
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Kevin Spath
Assistant DirectorPhone: 214-670-1691