The City of Temple City offers economic development incentives on a case-by-case basis to prospective businesses and developers that provide new jobs, desired retail tenant, significant investment and contribute to local quality of life.
Available incentives include:
Property tax abatements for improvements to real property and/or business property, excluding land.
Sales tax rebates on any taxable retail sale made in City limits, with a rebate on all or a portion of the City's sales tax share for up to five years.
Development and impact fee waivers, deferral, grants or rebates on all or a portion of related fees, including but not limited to building permit, development, utility connection and impact fees.
Cost participation for necessary extension, construction or reconstruction of public infrastructure. (Limited to improvements within public right-of-ways and easements.)
Matching grants and low-interest loans for property owners and business tenants along commercial corridors to renovate and enhance building facades.