E-Commerce Accelerator Incentive Program
To encourage small businesses within the City of Helotes to diversify by establishing and promoting e-commerce sales to complement their brick-and-mortar storefront for the retail and service industry. The HEDC has committed $80,000 to this marketing program to provide a maximum $5,000 matching grant per business to reimburse up to 75% of total project cost to establish, operate, and promote e-commerce for their business.
Retailer and Commercial Tenant Improvement Program
To help grow the retail and commercial businesses within the City of Helotes, this program reimburses eligible businesses up to 50% of the costs incurred in starting new and expanding existing businesses.
Community Arts Grant Program
The Community Arts Grant Program is funded by the City of Helotes Economic Development Corporation and managed by the Community Arts Grant Committee. The Community Arts Grant Program provides funding to Helotes-based arts and cultural organizations as well as individual artists of public art displays.
Targeted Business Incentive
As a Type-B Corporation, the Helotes Economic Development Corporation receives dedicated revenue from a 0.5% sales tax, which may be used to provide cash grants to qualifying projects and companies.
Property Tax Abatements
The City of Helotes can reduce the property tax obligations of a project’s real and business personal property for up to 10 years.
Old Town Helotes Tax Abatement
Owners of real property located in the Old Town Helotes Special District are eligible to apply for a 50% municipal ad valorem tax abatement for up to 10 years for eligible new construction or renovations greater than $10,000.
Chapter 380 Agreements
Chapter 380 of the Local Government Code authorizes municipalities to offer incentives designed to promote economic development such as commercial and retail projects. Specifically, it provides for offering loans and grants of city funds or services at little or no cost to promote state and local economic development and to stimulate business and commercial activity.
For a list of active Chapter 380 Agreements click “here.”