What qualifies for "type b" economic development corporation funding?

Funding Projects That Foster Economic Development

  • Capital Project Grant
  • Partnership Grant

Capital Project Grants

Capital Project Grants provide financial support for projects eligible for consideration under Texas Type B sales tax statutes that enhance the quality of life in Brownsville, Texas and foster economic development opportunities. Some examples include infrastructure improvements, community or recreational facilities, convention facilities, etc.. The BCIC opens applications for Capital Project funding twice a year and are subject to board and city commission approval.

What Capital Projects Are Eligible?

Capital projects must fall under the following categories to be an eligible expenditure for "type b" economic development corporations:

+ Land Acquisition
+ Building Acquisition
+ Equipment
+ Facilities
+ Expenditures
+ Targeted Infrastructure
+ Capital Improvements
+ Professional & Amateur Sport and Athletic Facilities
+ Convention Facilities
+ Public Parks and Open Spaces Improvements
+ Tourism and Entertainment Facilities

All projects must foster economic development within city limits. Not all projects qualify and are subject to board approval. Upon board approval, a 60-day public comment period is triggered which will ultimately result in the approval by the city commission. For more information, contact Cori Peña at cori.pena@cob.us.
Capital Project Grant - Letter of Inquiry 2018 Spring Cycle is now open.
Capital Project grants provide an opportunity for financial support for eligible projects Sections 501 and 505 of the Texas Local Government Code and are aligned with BCIC's 3-Year Economic Development Strategic Plan that will contribute to the city's economic health. Examples include:

+ Downtown revitalization projects necessary to increase sales tax revenue and foster investor opportunities;
+ Projects that are designed to increase recreational tourism and spur small business development and/or support the Active Transportation Plan; or
+ Projects that support cultural, sports, fitness, recreational, entertainment and community that will contribute to the sustainability and growth of Brownsville's sales tax revenue.


Financial support is available for land, buildings, equipment, facilities, targeted infrastructure, and improvements.

The Capital Project grant is a two-step application process. Applicants are required to submit a Letter of Inquiry (LOI) first to determine if the proposed project is eligible for Type B funds accordance to sales tax statures. If the project is determined to be eligible for Type B funds, the applicant will be invited to submit a full capital project grant application.

All submitted capital project applications are reviewed, scored and awarded by the BCIC Board of Directors. once awarded, the application will have to go through a public hearing, a 60-day comment period, and final approval from the Brownsville City Commission.

Deadline to submit a Letter of Inquiry (LOI) is on Wednesday, January 3, 2018 by 4:00 P.M..

Apply Now for the Capital Project Grant

Click Below to Receive Notifications Concerning Grants

Partnership Grant

Formally known as Promotion and Community Event grant. This grant provides an opportunity to partner with organizations by supplementing up to $5,000 towards their marketing outreach efforts of a community event, campaign or initiative in efforts to promote tourism and will contribute to the city’s economic base.
The Partnership Grant is now open for those who wish to apply for the opportunity to partner with Brownsville's "type b" economic development organization, BCIC.
Partnership Grant offer an opportunity to partner with organizations by supplementing up to $5,000 towards the marketing outreach efforts of a community event, campaign or initiative in efforts to promote tourism and contribute to the city's economic base.

The Partnership Grant funding can only be used for the marketing or promoting of the initiatives, actives, and/or events.

Deadline to apply is May 30th, 2018 and award notifications will be sent in June 2018. Projects should be initiated between September 1st and August 30th, 2018. Funds will be available for distribution in August 2018.

Apply Now for the Partnership Grant

Click Below to Receive Notifications Concerning Grants

Resources
Capital Project FY18 Guidelines
The purpose of the BCIC Capital Project Grants is to fund community facilities and related projects that will develop and expand the local economy.

PDF file accessible on all web browsers and downloadable on any device.
Capital Projects Information Session Presentation
Presentation provided to all those who attend BCIC's info sessions concerning Capital Projects.

PDF file accessible on all web browsers and downloadable on any device.
Partnership Grant FY18 Guidelines
Partnership Grant offer an opportunity to partner with organizations by supplementing up to $5,000 towards the marketing outreach efforts of a community event, campaign or initiative in efforts to promote tourism and contribute to the city's economic base.

PDF file accessible on all web browsers and downloadable on any device.
Read More
BCIC's 3-Year Economic Development Strategic Plan
The BCIC 3-Year Economic Development Strategic Plan was adopted by the BCIC Board of Directors on May 15, 2017 to guide the organization's direction and establish new objectives.

PDF file accessible on all web browsers and downloadable on any device.
Read More
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Contact Information
Brownsville Community Improvement Corporation
500 E. St. Charles
Brownsville, Texas 78520
Phone: (956) 548-6188
Email: info@bcic.us
Copyright 2018 Brownsville Community Improvement Corporation | Last updated February 19, 2018