The Forney Economic Development Corporation (FEDC) a citizen volunteer group appointed by the City Council, is a not for profit (4b) Economic Development Corporation funded in part by a voter approved one half-cent dedicated sales tax. The FEDC has recognized the need to attract business and industry and actively promotes the area to new and expanding businesses.
The FEDC also acts in an advisory capacity to the City Council in matters concerning tax abatement, financial incentives, and all economic development projects. The FEDC has taken on an aggressive role in meeting the explosive demands for increased retail and service activities by working collaboratively with the private sector and City of Forney to develop high quality, sustainable commercial development.
The FEDC provides long range guidance and encouragement to existing and expanding businesses which have been the strength of Forney for many years. Looked upon as the marketing arm of the city, the FEDC is ready and eager to assist business and industry in finding space for relocating and expanding in this area which is ripe for development.
Forney, Texas has a vibrant economy providing ongoing opportunities for residents to thrive, visitors to enjoy, and businesses to succeed.
FEDC promotes economic strength for the City of Forney by expanding and diversifying the local tax base through business development, financial reinvestment and community partnerships.
PROMOTE business development and job creation.
PRESENT opportunity to enhance quality of life.
PRESERVE the values and heritage of the community.
PROVIDE State of Texas sales tax Type B Corporation funds for growth and development.