We’ve heard your questions and want to help clear up some common misunderstandings about the Seabrook Economic Development Corporation (EDC) and how it funds local projects.
What is the Seabrook EDC?
- The Seabrook EDC is a Type B Economic Development Corporation.
- It is funded by a ¼-cent sales tax, not property taxes.
- Its mission is to support business growth that strengthens Seabrook’s economy.
How Does EDC Funding Work?
The EDC may offer incentives to new or existing businesses if:
- The proposal shows a strong Return on Investment (ROI), such as:
- Generating new sales tax revenue
- Creating local jobs
- Redeveloping important areas
- Attracting visitors to Seabrook
- Every business must submit a project application.
- Each application is reviewed to determine if:
- It meets legal requirements
- It provides an ROI that justifies the funding
Not All Projects Qualify
- The EDC values all Seabrook businesses.
- However, not every project meets the funding criteria.
- Decisions are based on the project’s expected benefit to the community and its eligibility under Texas law.
We Value Your Voice
We appreciate that residents and business owners care deeply about fairness and local support. If you own a business and believe your project may qualify for incentives:
- Attend an EDC meeting to learn more
- Ask questions about the process
- Submit your own proposal for review
Let’s work together to support a strong, vibrant business community in Seabrook.
Learn more about the EDC and how to apply for incentives at: www.seabrooktx.gov/incentives