“Old Town” Business Grant Program Provides Three Business Grants in First Year

In January of 2016 the Leander City Council initiated the “Old Town” Business Grant Program to entice small business development in the “Old Town” portion of the Transit-Oriented Development (TOD) District, providing a $250,000 for the grants that can be up to $100,000. Based on the project incremental property tax and sales tax the projects are expected to generate in their first five years of operation, the program helps small business owners get a jump start on success.

To-date the program has approved participation funding of three projects: a bakery, a brew pub and an office machines company, with at least two additional projects expected to apply soon.

Community Impact Newspaper – New Incentives for Old Town Leander

Community Impact Newspaper – Changes coming to Old Town Leander

Photo: Community Impact Newspaper

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