Boosting Businesses to Build a Better Perryton

Ever wonder what the Perryton Community Development Corporation (CDC) does? The short answer is the Perryton CDC stabilizes, diversifies, and expands the economy of Perryton through the retention, expansion, and recruitment of employment opportunities to benefit the citizens of Perryton. What’s all that mean? Read on to find out more.

What We Do: The Perryton CDC builds a strong tax base and infuses new dollars into our local economy by supporting local primary employers and recruiting outside businesses to Perryton and Ochiltree County. With this expanded tax base, we invest in community-advancing projects—such as the swimming pool and water park, Frank Phillips College Allen Campus, and the Perryton Activity Center.

How We Do It: The Perryton CDC board members administer the use of Perryton’s sales and use tax funds to attract and retain primary employers. Through the stewardship of its staff and board members, the Perryton CDC provides the following:

  • Professional development services
  • Job creation and retention incentives
  • Recruitment of targeted businesses for relocation
  • Demographic and income information
  • Retail spending reporting
  • Community profile information
  • Liaison with city, county, and state government and with necessary business contacts
  • Assistance with development incentives
  • Site selection information and assistance
  • Assistance with lease or purchase of buildings
  • Employee recruitment and training
  • Grant incentives
  • Involvement and education of our citizens
  • Encouragement of investment
  • Careful retention, maintenance, and expansion of existing businesses and tax base

Why We Do It: We want to promote economic growth in Perryton and Ochiltree County in order to continually improve the quality of life and build a better town for everyone. We want Perryton to provide a superior upbringing for our children, a strong job market for our adults, and a pleasing place to retire for our older generations.

Perryton CDC Projects
The Perryton CDC has funded or secured funding for more than 40 community enhancements and businesses. Here are just a few.

Frank Phillips College Allen Campus
In 2004, we broke ground on the 25,000-square-foot Frank Phillips College Allen Campus—Perryton’s first community college. The project was possible through funding from the Perryton CDC, U.S. Department of Commerce Economic Development Administration, Jack and Rita Allen, and other private individual and business donations.

Perryton City Pool and Water Park
The Perryton CDC funded a large portion of the city pool renovations. The new water park includes a new bathhouse and concession area, water park slides, a zero-entry section of the pool, and a toddler splash park.

Perryton Activity Center
With the help of the Perryton CDC, the Perryton Activity Center was able to renovate its 25-year-old facilities in 2004. The transformation included new gym floors, lighting throughout, remodeled restrooms and dressing rooms, new paint, a new roof, new heating and air, and more.

Business Support
The Perryton CDC provides support to local business owners through a partnership with Leading EDG—an entrepreneur development group. The staff coaches and consults to help business owners manage, operate, and finance their companies. This service is fully funded by the Perryton CDC and is free to county residents. Services include guidance developing a business plan; help running financial projections; explanation of federal, state, and local resources; information on the steps to start a business in Texas; preparation to buy or sell a business; and ongoing business coaching.

Leadership Perryton
With the Perryton CDC and Perryton-Ochiltree Chamber of Commerce at the helm, Leadership Perryton has developed more than 250 leaders since it began in 2003. The nine-month program is designed to introduce tools for personal and professional development, to improve employees and managers, and to make a better community. “This program helped me realize my potential as a leader. I hope I can use some of my training to empower my employees,” said a member of the 2012 class.

Building Incentives
To combat the local housing shortage, the Perryton CDC provides building incentives. Grants are for recipients to use toward the construction of housing within the city limits. Since the program was introduced one year ago, the Perryton CDC has awarded grants for 17 single-family and duplex homes and a new multifamily housing complex.

Did you know?
The Perryton Community Development Corporation ….

  • won the 2013 Financial Services Champion of the Year award from the U.S. Small Business Administration.
  • received the Community Economic Development Award from the Texas Economic Development Council.
  • has created more than 760 jobs in 15 years.
  • has provided funding assistance for more than 40 projects and businesses.

For more information on the Perryton Community Development Corporation and its services, call Sheryl Hardy or Shawn Campbell at 435-4014.

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