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Available Incentives

 

Please note that all incentives are not offered for every project. The FIDC and the City of Fairfield will work with each applicant to determine a company's specific needs.  

 
  Fairfield Industrial Development Corporation  

The Fairfield Industrial Corporation is 4-A Non-Profit Corporation created under Vernon Civil Statutes, Title 83. Labor, Chapter 10. Economic Development,
Article 5190.6 Development Corporation Act of 1979.  This Act allows the Corporation to provide the following types assistance with certain industrial projects
 
Low cost (or Free) industrial property to manufacturers
Build to suit properties
Capital grants
Infrastructure upgrades
Loan guarantees
Loan Interest forgiveness or write downs
Subordinate loans to financial institutions
Relocation or moving expense grants
Business plan assistance
Workforce development grants (Skills Development Fund)
  City of Fairfield  
Tax Abatement
Chapter 380 Agreements
Freeport Tax Exemption
Enterprise Zone

Industrial Revenue Bonds

  State of Texas  
Capital Access Fund
Linked Deposit Program
Skills Development Fund
Texas Enterprise Fund
Texas Leverage Fund
  For more information on available incentives, please contact:  
  Fairfield Industrial Development Corporation
101 S. Mount St.
Fairfield, TX 75840
(903) 389-7059
 
  Download an Application for Assistance.  

 

Toll Free  1-888-632-9444      Phone 903-389-7059      Fax  903-389-3734    101 S. Mount St.     Fairfield, Texas  75840