INCENTIVES
The City of Owasso is committed to promoting and retaining high-quality development and to ongoing improvement in the quality of life for its citizens. Incentive programs may include one or a combination of awards such as tax abatements, infrastructure participation and improvements, fee waivers, and loans, among others, and particularly for target industries. Call Owasso Economic Development at (918) 376-1500 or email us to inquire about possible incentives that could lower the cost of doing business for your company.
Tax Increment Financing
Owasso’s Tax Increment Financing, or TIF, allows the City of Owasso to direct a portion of local taxes and fees to stimulate private expansion within the selected boundaries for the revitalization of the Redbud District as a destination area for residents and visitors.
MAPS
Redbud District Boundaries
REDBUD TIF Boundaries
Owasso’s Tax Increment Financing, or TIF, allows the City of Owasso to direct a portion of local taxes and fees to stimulate private expansion within the selected boundaries for the revitalization of the Redbud District as a destination area for residents and visitors.
