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Resources & Policies
The City's Economic Development program seeks to support the recruitment and retention of businesses and commercial development in the community. The City offers several incentives to stimulate Economic Development.
New Braunfels EDC is the brand of the community’s “one-stop” shop effort that includes the City via their New Braunfels Economic Development Corporation (NBEDC) in partnership with the Chamber of Commerce and Economic Development Foundation. The NBEDC issues loans and grants funded by the Type B tax. The revenues from the Type B tax can be used to fund a wide variety of projects including land, buildings, equipment, facilities expenditures and improvements related to projects defined in Section 2 of the Act or found by the NBEDC to be required or suitable for use for other projects. The EDC is governed by Chapters 501-505 of Texas Local Government Code.
Resources & Policies
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Economic Development Incentive Application
Use this application to submit a request for an Economic Development incentive from the City of New Braunfels.
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New Braunfels Economic Development Corporation (EDC)
Visit the New Braunfels Economic Development Corporation website and learn more!
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SPARK Small Business Development Center
Learn about resources available for local entrepreneurs, including education, mentorship, and networking.
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Tax Increment Reinvestment Zones (TIRZ)
A look at the Tax Increment Reinvestment Zones currently in place in New Braunfels at Creekside, River Mill, and Downtown.
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Tax Abatement Policy
View the City's Tax Abatement policy which encourages new growth, development, and jobs.
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Chapter 380 Incentives
Learn more about this incentive for developers and businesses to address revenue gaps in development projects.
Plans, Studies, & Boards
- Economic Development Strategic Plan
- Downtown Implementation Plan
- Workforce Housing Study
- Boards & Committees
Economic Development Strategic Plan
The City of New Braunfels Economic Development Strategic Plan was adopted in 2017 to guide the City in its Economic Development endeavors. The plan identifies the following areas of focus:
- Workforce Housing
- Quality of Place
- Entrepreneurship
- Regional Transit
- Real Estate Development
Downtown Implementation Plan & 2021 Plan Update
The City of New Braunfels contracted with consulting firm Torti Gallas and Partners, Inc. to prepare a Downtown Implementation Plan to serve as a roadmap for downtown growth and development. The City Council unanimously approved the Downtown Implementation Plan on January 25, 2010. Use the links below to read the plan and to see the update from 2021.
2018 Workforce Housing Study
This report provides insight into the housing cost burden related to wage levels of workers in New Braunfels. Several years of rapid population and job growth have led to a dramatic rise in housing prices, presenting a challenge for local wage earners to find affordable housing.
This report details several strategies and opportunities for the City to promote greater housing affordability for the local workforce focusing on public transportation, development fees and associated costs, and diversification of housing types. View the full 2018 Workforce Housing Study.
Boards and Committees
The Economic and Community Development Department administers the functions of the following boards and committees:
- The New Braunfels Economic Development Corporation Board administers economic development investments funded by a percentage of the City's sales tax collections to support business retention and expansion. These funds can be used to fund a wide variety of projects including land, buildings, equipment, facilities expenditures, and quality of life projects. The board typically meets monthly on the third Thursday of the month at 5:00 p.m.
- The New Braunfels Downtown Board endeavors to stimulate downtown economic development in New Braunfels, Texas by encouraging cooperation and building leadership in the business community, creating a positive image for downtown, assisting in improving the downtown appearance, and making recommendations to the City Council on initiatives designed to promote the economic development of the center-city area and support the local, small business community. The board typically meets monthly on the third Tuesday of the month at 8:30 a.m.
- The New Braunfels Workforce Housing Advisory Committee works to address the community's workforce and affordable housing needs by raising awareness about the challenges and availability of workforce and affordable housing and providing the City Council with recommendations on solutions for a full range of workforce housing choices for households of all incomes, ages, and abilities. The committee typically meets monthly on the third Wednesday of the month at 4:00 p.m.