Property Enhancement Incentive Programs March 6, 2014 Dallas, TX 1.

1

Property Enhancement Incentive Programs

March 6, 2014Dallas, TX

Panel Participants

2 Introduction

• Craig Hulse – City of North Richland Hills–Director of Economic Development

• Julie Glover – City of Denton– Econ. Development Program Administrator

• John Hubbard – Balch Springs EDC– Executive Director

• Greg Last – EDTBestPractices, LLC

Presentation Overview• Purpose of programs• Types of Enhancements• Eligibility factors• Targeted Areas / Businesses• Funding Options / Grants• Evaluation Procedures• Case studies

3 Introduction

Purpose & Intent• Promote Economic Development• Revitalize existing commercial areas• Increase values of property• Assist existing or new businesses• Support unique architectural style

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Façade• Windows• Paint• Awnings• Brick / stone

5 Types of Enhancements

Landscaping

• Removal of old plants

• New plants / trees• Irrigation• Accent lighting


Signage• Removal of pole

signs• New signage• Changes in lighting• Relocation


Parking & Drives• Remove or relocate

existing drives• New parking

paving• Resurfacing /

striping


Pedestrian Amenities• Benches / porch swings• Umbrellas• Front porch• Window boxes• Gazebos• Trellises


Participants• Eligible: – Sole proprietors, for-profit, non-profit, no

taxes or debt owed to City, in business 3 years

• Ineligible: –Government agencies, residences, home

businesses, on the CDBG Bad list

10 Policy Components

Eligible Improvements• Fixing code violation, ADA, windows, doors,

façade materials, awnings, canopies, painting, repairing masonry or stucco, signage, lighting, walkways / entryways, drainage, parking resurfacing / striping, fencing, landscaping, tenant improvements, equipment, roof repair, security / alarm system, gutters / downspouts, power washing


Ineligible Improvements• Playground or recreational

equipment, outdoor dining / seating, structural changes, additions more than 20%, “sweat equity”, unlicensed contract work, new commercial construction, burglar bars, interior remodel


Properties• Eligible: –Within City limits, zoned for commercial

use, multi-tenant properties, new work• Ineligible: –Residential properties, check cashing,

bars, taverns, liquor stores, gun shops, tattoo parlors, pawnshops, SOB,


Targeted Areas / Businesses• Downtown revitalization• Main commercial corridors• Entry portals to community• Certain types of businesses–Retail, restaurants, grocery,


Funding Options• CDBG Grants–Arlington

• Econ. Devel. Incentive (EDI) funds from HUD

• Main Street Programs• General Fund• EDC if authorized

15 Funding

Priorities• Within targeted areas• Targeted business• No ability to receive private funding• Those that are ready to begin work• Length of time in business• Vacant / unoccupied properties• Tax revenue projections / ROI


Procedures• Pre-submittal meetings• Application• Staff review & evaluation• Approval• Notice to proceed• Verification• Payment• Celebration!


Case Studies• North Richland Hills• Denton• Balch Springs

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Thanks!

Greg LastCED, AICP, RLA

Chief Executive Officer

(817) 992-6156EDTBestPractices.com

[email protected]

• Craig Hulse - North Richland Hills– Director of Economic Development– (817) 427-6091– [email protected]

• Julie Glover - Denton– Econ. Development Program Administrator– (940) 349-7732– [email protected]

• John Hubbard - Balch Springs EDC– Executive Director– (972) 913-3009– [email protected]

mailto:[email protected]



Property Enhancement Incentive Programs March 6, 2014 Dallas, TX 1.

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