PILLAR: Growing
AGENDA DATE: January 28, 2026
COUNCIL DISTRICT(S): CityWide
DEPARTMENT: Office of Economic Development
PRIORITY: Targeted Economic Growth
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SUBJECT
Title
A public hearing to receive comments regarding amendments and updates to the City of Dallas Economic Development Incentive Policy, and, at the close of the public hearing, authorize the adoption of the Economic Development Incentive Policy for the public purpose of promoting economic and community development and stimulating business and commercial activity in the City of Dallas, including: (1) updated language to ensure alignment with federal directives and associated policy amendments specifically including updated language regarding the new Developing Regional and Inclusive Vendor Enterprises program; (2) addition of a new provision allowing City Council to approve a non-conforming negotiated incentives project with a three-quarters vote of City Council; (3) clarification that the Office of Economic Development has administrative responsibility for funding from Proposition H of the 2024 City's General Obligation Bond Program and funding from the City's Mixed Income Housing Development Bonus Program; and (4) general clean-up revisions and minor/technical corrections - Financing: No cost consideration to the City
*In alignment with Economic Development Incentive Policy.
Body
BACKGROUND
On January 25, 2023, City Council authorized the Economic Development Incentive Policy by Resolution No. 23-0220. On March 27, 2024, City Council authorized amendments to the Economic Development Incentive Policy by Resolution No. 24-0435 to implement the 2024 economic development general obligation bond proposition, reflect changes to state law, make minor program updates, add cost recovery provisions, and make general updates and clarifications. On January 8, 2025, City Council authorized amendments to the Economic Development Incentive ...
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