Kerr Economic Development Corp // 830-510-3725
State of Texas Incentives
Qualified Opportunity Zone Investment
The Opportunity Zone program encourages private investment in economically distressed areas through capital gains tax incentives. Kerr County has two designated Opportunity Zones—one in the City of Kerrville near IH-10 and Hwy 27, and another in Center Point, located in the county’s southeast corner. These zones offer unique advantages for investors seeking long-term growth and community impact.
Skills Development Fund
The Skills Development Fund, administered by the Texas Workforce Commission, provides customized job training for Texas businesses through partnerships with colleges, workforce boards, and economic developers—helping boost skills, wages, and competitiveness.
Texas Enterprise Fund
The Texas Enterprise Fund (TEF) awards “deal closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a financial incentive for those companies whose projects would contribute significant capital investment and new employment opportunities to the state’s economy.
Kerrville, Kerr County Incentives
Tax Abatement/Rebate Programs
The City of Kerrville and Kerr County offer economic development incentives under Chapters 380 and 381 of the Texas Local Government Code. These programs enable municipalities and counties to provide grants or loans to businesses that promote local economic growth, job creation, and commercial activity. KerrEDC assists primary employers in navigating the application process for these incentives.
Freeport Exemption
A business personal property tax exemption on inventory that is at your manufacturing facility in Texas for a short period of time, less than 175 days, and which will be transported outside the state line. The exemption applies to inventory including finished goods, supplies, raw materials and work in process, which are for assembling/manufacturing.
Public Private Partnerships (P3s)
P3s are encouraged to leverage public and private resources to support economic development, infrastructure, and quality of life. These partnerships share risk and combine funding, expertise, and innovation to deliver high-impact projects that benefit both sectors.
Tax Abatement/Rebate Programs
The City of Kerrville and Kerr County offer economic development incentives under Chapters 380 and 381 of the Texas Local Government Code. These programs enable municipalities and counties to provide grants or loans to businesses that promote local economic growth, job creation, and commercial activity. KerrEDC assists primary employers in navigating the application process for these incentives.
