Fort Worth's rapid population growth and development pipeline create strong demand for construction services. Construction businesses in Fort Worth can access federal tax credits, SBA loans, state workforce and emissions programs, and local incentives.
Federal Programs
- WOTC: Tax credits for hiring from targeted groups. WOTC guide.
- SBA 7(a): Equipment and working capital financing. SBA 7(a) for construction.
- SBA 504: Heavy equipment and facility purchases. SBA 504 guide.
- Section 179: Accelerated equipment depreciation
State Programs
- Skills Development Fund: Construction workforce training. SDF for construction.
- TCEQ grants: Emissions reduction grants for construction equipment. TCEQ construction guide.
- HUB certification: For state contracting. HUB guide.
Fort Worth-Specific Resources
- Fort Worth Economic Development: Incentive programs for construction companies investing in targeted areas
- Tarrant County contracting: County procurement opportunities for construction firms. Tarrant County guide.
- Fort Worth MWBE program: Minority and Women Business Enterprise certification for city contracting
- North Texas SBDC: Free consulting on financing, bonding, and business growth
Bonding and Certification
Fort Worth construction companies should consider the SBA Surety Bond Guarantee Program, which helps small contractors obtain bid, performance, and payment bonds for contracts up to $10 million. Combined with HUB, 8(a), or SDVOSB certification, this opens doors to government contracting at all levels.
Bottom Line
Fort Worth construction businesses benefit from a strong local development pipeline and access to WOTC credits, SBA financing, TCEQ equipment grants, workforce training, and local contracting opportunities. Certification and bonding programs expand access to government contracts.
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