Office of Economic Development

Public hearing to adopt an updated Economic Development Incentive Policy that adds federal alignment language for the new DRIVE (Developing Regional and Inclusive Vendor Enterprises) program, creates a three-quarters City Council supermajority requirement for non-conforming incentive projects, clarifies administrative responsibility for Proposition H bond funds and the Mixed Income Housing Development Bonus Program, and incorporates general clean-up revisions; no cost to the city.

…project with a three-quarters vote of City Council; (3) clarification that the Office of Economic Development has administrative responsibility for funding from Proposition H of the 2024 Ci…

Authorizes conditional grant agreements totaling up to $250,000 with two organizations to operate food truck incubator programs in Council Districts 3 and 1, respectively, funded through the ARPA Redevelopment Fund and administered by the Office of Economic Development.

…rimarily operate in Council District 1, respectively, to be administered by the Office of Economic Development - most advantageous proposers of three - Total amount not to exceed $250,000.00…

Authorizes scheduling a public hearing on January 28, 2026 to collect public comments on proposed amendments and updates to the City's Economic Development Incentive Policy.

Authorize a public hearing to be held on January 28, 2026, to receive comments regarding amendments and updates to the City of Dallas Economic Development Incentive Policy - Financing: No cost conside

The city seeks to authorize a tax increment financing development agreement with 549 E Jefferson Blvd, LLC for The Jefferson Redevelopment Project at 549 East Jefferson Boulevard, providing up to $10,000,000 in TIF subsidies from the Oak Cliff Gateway TIF District Fund.

Authorize a tax increment financing (“TIF”) development agreement and all other necessary documents (“Agreement”) with 549 E Jefferson Blvd, LLC and/or its affiliates (“Developer”) in an amount not to

Authorizes a Food Truck Incubator Program in City Council Districts 1 and 3, funded by ARPA Redevelopment Fund discretionary allocations, to help local small businesses learn to own and operate a food truck. The city reports no direct cost consideration.

Authorize the establishment of a City Council District 1 and City Council District 3 Food Truck Incubator Program in accordance with the Program Statement (Exhibit A) to provide grant funding from dis

Briefing memorandum from the Office of Economic Development providing an update on the Atlético Dallas grant under the Small Business Development program.

Small Business Development: Atlético Dallas Grant Update [Kevin Spath, Director, Office of Economic Development]

Authorizes a TIF development and Chapter 380 grant agreement with Southern Gateway Public Green Foundation for up to $8,000,000 to support the Phase I Plaza Area Project at Halperin Park, funded through the Oak Cliff Gateway TIF District and the 2012 General Obligation Bond Program.

…cordance with the Economic Development Incentive Policy [Kevin Spath, Director, Office of Economic Development] jozette.rosa@dallascityhall.com

Annual progress briefing on the Dallas Housing Opportunity Fund (DHOF), presented by representatives from LISC Strategic Investments, The Real Estate Council, and the Office of Economic Development.

…Investments; Jamee Jolly, CEO, The Real Estate Council; Kevin Spath, Director, Office of Economic Development] jozette.rosa@dallascityhall.com

Briefing memorandum informing the council that the Dallas Development Fund has been awarded a New Markets Tax Credit allocation, presented by the Deputy Director of the Office of Economic Development.

Dallas Development Fund Awarded New Markets Tax Credit Allocation [Heather Lepeska, Deputy Director, Office of Economic Development]