During its regular meeting on Tuesday, the Amarillo City Council approved several key measures, including a 100% ad valorem property tax exemption for qualifying childcare facilities, an amendment to the Amarillo Convention and Visitor’s Bureau (CVB) budget for a tourism master plan, and support for a tax credit application aimed at increasing affordable housing.
Tax Relief for Childcare Facilities
The council’s decision to grant a full ad valorem property tax exemption to eligible childcare facilities is aimed at easing financial burdens on local providers. By eliminating this tax obligation, the city hopes to encourage the expansion and sustainability of childcare services, which play a crucial role in supporting working families.
This move comes as part of broader efforts to improve early childhood education and accessibility in Amarillo. Many childcare providers operate on tight margins, and tax relief could help them reinvest in staffing, facility improvements, and program development.
Tourism Master Plan in the Works
The council also approved an amendment to the Amarillo CVB budget, allowing for the hiring of a consulting firm to develop a tourism master plan. The goal of this initiative is to enhance Amarillo’s appeal as a travel destination, attract more visitors, and boost economic activity in the hospitality and entertainment sectors.
A well-structured tourism plan is expected to identify key attractions, marketing strategies, and infrastructure improvements needed to draw more visitors to the city. By investing in long-term tourism planning, Amarillo aims to strengthen its position as a regional destination.
Support for Affordable Housing Development
Another significant action taken by the council was its unanimous approval of a resolution supporting Woda Cooper Development, Inc.’s application for a 9% tax credit from the Texas Department of Housing and Community Affairs.
Drew Brassfield, assistant director of planning, presented the proposal, which seeks to facilitate the construction of affordable rental housing near SE 28th Avenue on the south side of the Barrio neighborhood.
The tax credit Woda Cooper is applying for is designed to incentivize the development of affordable housing by offsetting a percentage of the housing complex’s federal tax liability—not its ad valorem taxes. The city’s support strengthens the developer’s application, increasing the likelihood of securing state funding for the project.
If approved at the state level, the project would contribute to addressing Amarillo’s need for more affordable housing options, particularly in historically underserved areas.
A Focus on Growth and Community Development
The council’s actions reflect a commitment to strengthening Amarillo’s economic and social landscape. From supporting working families and businesses to investing in tourism and housing, these measures aim to promote long-term growth and stability in the community.
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