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Council holds required hearing on proposed Owens Corning tax abatement; ordinances scheduled for later vote
Summary
A required public hearing opened on a proposed tax abatement for Owens Corning Roofing and Asphalt LLC before the Houston City Council.
A required public hearing opened on a proposed tax abatement for Owens Corning Roofing and Asphalt LLC before the Houston City Council. Andrew Busker of the mayor’s office of economic development told the council the company applied for the city incentive on Nov. 25, 2024, after receiving a Texas Enterprise Fund award this summer; state rules require a local incentive in the package. Busker said the project would involve approximately $39,000,000 in investment for building improvements, utility upgrades…
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