Property Tax Abatement | Fort Bend Economic Development Council

Summary

Companies looking to expand or relocate to Fort Bend County have the opportunity to apply for a county property tax abatement on the new value created by the project. The abatement may not be longer than 10 years and the abatement terms will be based on a variety of factors including the value created and number of new jobs.

Companies interested in a property tax abatement from Fort Bend County should contact the Fort Bend Economic Development Council (FBEDC) to determine eligibility and qualifying conditions. Abatement agreements may not exceed ten years and maybe shorter. Each abatement application is reviewed based on information provided by the company in the incentive application.

Please contact the Fort Bend Economic Development Council for more information or to begin the incentive application process.

Most cities within Fort Bend County offer incentive packages to qualified companies as well. Companies are encouraged to contact city representatives for information on what is available in each municipality.

Workforce training and other area and state assistance may be available, and FBEDC staff can direct companies to available local resources.

The FBEDC will assist with other area and state assistance if applicable.

Please reach out to the EDC staff at 281-240-0000 or info@fortbendcounty.com for further information.