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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