Anna maintains two distinct economic development organizations to drive local growth: Anna EDC (Economic Development Corporation), a Type A entity, and Anna CDC (Community Development Corporation), a Type B organization. This dual-structure approach is somewhat unique among Texas municipalities.
Type A EDCs like Anna EDC focus on industrial development projects including business infrastructure, manufacturing, and research and development. Type B CDCs can fund all Type A-eligible projects plus quality-of-life improvements such as parks and recreational facilities. Together, these corporations support Anna's balanced and sustainable tax base while attracting high-quality jobs and maintaining first-rate infrastructure.
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Frequently Asked Questions
What are the two economic development organizations in Anna, TX?
Anna EDC (Economic Development Corporation) is the Type A entity focused on industrial projects, and Anna CDC (Community Development Corporation) is the Type B entity that can fund industrial projects plus quality-of-life improvements like parks.
What projects can Anna EDC and CDC fund?
Type A EDCs fund business infrastructure, manufacturing, and research and development. Type B CDCs fund all Type A-eligible projects plus quality-of-life improvements such as parks.
Why does Anna have two economic development corporations?
The dual structure creates a balanced and sustainable tax base that attracts high-quality jobs while facilitating excellent quality of life with well-maintained infrastructure.