$4,356
The amount of Conroe city property tax you save per million dollars of property valuation. Members of WMPID are exempt from annexation by Conroe.
26 Jul 2022
News
Westwood Magnolia Parkway Improvement District (WMPID) is pleased to share details about the newly launched Texas Travel Industry Recovery Grant Program (TTIR Program). One-time grants of up to $20,000 will be issued to reimburse eligible costs to qualifying Texas entities negatively impacted by COVID-19 in the tourism, travel, and hospitality industry. TTIR Program funds, totaling $180 million, were received from the Coronavirus State Fiscal Recovery Fund, established under the American Rescue Plan Act (ARPA) of 2021.
Applications will be accepted in phases through the TTIR Grant Program Portal following timelines sorted by industry groupings identified by NAICS codes. Only privately-owned for-profit and non-profit entities which fall into the qualifying NAICS categories are eligible for TTIR Program funding. If funds remain after the first four phases, a fifth phase will revisit any unfunded applications to award the remaining funds.
(Dates are subject to change; please check the Program Portal for updates):
Please refer to https://www.naics.com/search/ to determine whether your particular organization or business qualifies in one of the relevant NAICS codes.
Each application is evaluated and scored based on established criteria. Applications with tie scores will be further assessed for grant approval via timestamp data for submission order.
Even if an entity received Paycheck Protection Program (PPP) funding, it may still be eligible for funding through the TTIR Program. Businesses that have not received any or have received minimal federal aid due to COVID-19, including the PPP, Shuttered Venues Grant, the Restaurant Revitalization Fund, or SBA Debt Relief, will be scored higher than businesses that have received more than minimal federal aid of this type.
The TTIR program application requires all applicants to submit supporting documents along with their application to demonstrate compliance with grant and eligibility requirements. For a list of those required documents and the application, please refer to the Program Portal.
Priority groups, assuming the relevant entity meets all other eligibility requirements, include:
The Texas Economic Development & Tourism Office will host a series of webinars for specific industry groups to provide more information and answer questions on the program and application process.
Upcoming Webinars
Thursday, August 11 | 1:00 p.m. - 2:00 p.m., CT
Traveler Accommodation Webinar (NAICS 7211)
(Registration for this webinar opens August 2)
Thursday, September 1 | 1:00 p.m. - 2:00 p.m., CT
Food Services and Drinking Places Webinar (NAICS 722)
(Registration for this webinar opens August 2)
Prior Webinars
Watch the playback of the July 12, 2022, webinar for businesses in the following industries and NAICS codes: Breweries, Microbreweries (312120); Wineries (312130); Distilleries (312140); Travel Arrangement and Reservation Services, Convention and Visitors Bureaus (5615); Convention and Trade Show Organizers, Event and Meeting Planning Services (561920); RV Parks and Recreational Camps; and Campgrounds (7212).
Watch the playback of the July 20, 2022, webinar for businesses in the Arts, Entertainment, and Recreation category (NAICS 71).
The Texas travel and tourism industry is vital to the state's economy, creating jobs and injecting dollars into local communities. In 2019, travelers spent $83 billion on travel in Texas. While the industry was greatly affected by the travel and in-person gathering limitations imposed by the pandemic, the industry is starting to see a strong return in Texas.
According to Travel Texas stats for year-over-year change (updated in April 2022), direct travel spending is up 35.7 percent, industry employment is up 5.8 percent, earnings are up 7.0 percent, and related tax revenue is up 33.2 percent.
The intention of the TTIR Program is to aid the industry in its continued recovery and further expansion.
The Westwood-Magnolia community is a thriving, vibrant community because WMPID promotes and implements economic development, infrastructure improvements, and public safety projects and initiatives. WMPID’s success is a testament to its responsiveness, creativity, and flexibility in executing solutions.
To explore the other ways WMPID is focused on safety and infrastructure and how you or your business would benefit from locating in this Texas community, visit their website here.
Follow WMPID on LinkedIn.
$4,356
The amount of Conroe city property tax you save per million dollars of property valuation. Members of WMPID are exempt from annexation by Conroe.
4
Sheriff’s Deputies and 5 patrol cars. The Improvement District employs additional police in patrolling our district. Our law enforcement efforts help our businesses to succeed.
$0
WMPID charges zero property tax and provides infrastructure for the future of members’ business. Our revenue is a small portion of sales tax charged on local retail sales.
$3,000
The District has grown to nearly 3000 acres of mostly commercial land that encompasses the region between Conroe, Magnolia and The Woodlands, serving infrastructure needs in the area, in partnership with Precinct 2.