Economic Development

Oklahoma City hopes to create new job opportunities for OKC residents by promoting expansion of existing businesses and recruiting new business.

The City partners with the Greater Oklahoma City Chamber and the Alliance for Economic Development of Oklahoma City to accomplish this goal. The City’s Economic Development Trust reviews proposed projects and enters into long-term agreements with businesses wanting to take advantage of job creation incentives.

OKC also promotes community development through our tax increment financing (TIF) districts. Authorized by state statutes and the Oklahoma Constitution, TIF districts are instrumental in promoting ambitious and transformative redevelopment projects.