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Council discusses hybrid EDC authority to revive housing incentives and small‑business incentives
Summary
Council members discussed pursuing a hybrid Type A/Type B Economic Development Corporation authority or placing a ballot proposition to reauthorize housing and small‑business incentives and to use existing EDC funds to support qualified applicants who previously were in a wait pool.
Council member Lewis asked on July 15 that the city pursue a hybrid program with the Port Arthur Economic Development Corporation to reinstate housing incentives and add incentives for small businesses. He said Legacy (program administrator) had more than 100 qualified applicants waiting when a prior housing program ended and that leftover EDC funds could be used…
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