Neighborhood Empowerment Zone

Much of Fort Worth Southside Development District has been designated as a Neighborhood Empowerment Zone.  Development incentives are available under this City program.

The Zone becomes effective when Magnolia Village (an area adjacent to the intersections of Hemphill, Magnolia and Rosedale) are rezoned Mixed-Use Zoning Category 1 (MU-1).  This petition initiated zoning change is expected to be complete by the end of 2002.  Incentive available to new qualified developments under this program include: Fee Waivers - all building permit related fees, plat application fees, Board of Adjustment application fee, demolition fee, structural moving fee, Community facility agreement application fee, zoning application fee, street and utility easement vacation application fee, and impact fees; Release of City Liens - weed, demolition, board up/open structure, and paving liens.

Tax abatements are not available within most of the development district because there is already a Tax Increment Finance District in place.  Taxing jurisdictions canít not give away future tax revenues twice!

Magnolia NEZ

Evans & Rosedale NEZ