Economic and Urban Development
The Tampa Hillsborough Economic Development Corporation revealed a Locational Assessment and Recommended Strategic Plan for Economic Growth. The report is the culmination of a seven month effort to evaluate Tampa-Hillsborough County's competitiveness to develop, attract and retain quality jobs for the residents of the County; to identify the best suited target industries to achieve this objective; and to develop strategic recommendations to best position Tampa-Hillsborough County, its constituent communities and citizens for sustainable economic growth.
The CRA Façade Improvement Program provides property owners with financial assistance (grant) to improve the appearance of their properties in designated areas of Tampa's Community Redevelopment Area (CRAs). The program is funded for fiscal year 2013 for Drew Park, East Tampa, and Ybor City. February 2012 Projects Update.
The Economic Development Ad Valorem Tax Exemption Program provides an additional economic development incentive for businesses that locate or expand within the City of Tampa and create jobs. Exemptions on Ad Valorem property and tangible taxes are available for qualifying businesses.
The Small Business Job Creation Program enables businesses located in Hillsborough County, with 10 or less employees, to hire new workers. The program will offer a wage reimbursement of 50% of wage/salary cost of new jobs for three months, up to $3,900 for each new job.