What is a Type A vs. Type B economic development corporation

What is a Type A vs. Type B economic development corporation?


What is a Type A vs. Type B economic development corporation?
Here are some facts about Type A vs. Type B, sourced from the Texas comptroller's office:
►Type A EDCs typically are created to fund industrial development projects, such as business infrastructure, manufacturing and research and development. It also can fund military base realignment, job training classes and public transportation. 
►Type B EDCs can fund all projects eligible for Type A, as well as parks, museums, sports facilities and affordable housing. However, Type B EDCs are subject to more administrative restrictions than Type A.
What are the restrictions/rules for Type A?

Related Keywords

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