|
The McKinney Community Development Corp. is celebrating 30 years of investing into projects aimed at enhancing quality of life for residents across the city.
The big picture: MCDC was created in April 1996 after voters approved a half-cent sales tax to fund it. In 30 years since, the MCDC has invested more than $330 million into parks, recreation, affordable housing initiatives, community amenities and other developments.
“If you start down in the southwest corner of McKinney ... and you drive through all of the city up towards Erwin Park, there isn’t an area that hasn’t been touched by MCDC,” President Cindy Schneible said. “Either through parks or other projects.”
How it works: The MCDC provides funding through three types of grants:
- Project grants
- Promotional/community event grants
- Retail development infrastructure grants
Each grant type has specific requirements that have to be met in order to be considered by MCDC’s board of directors. Grants are funded by sales tax dollars captured in McKinney, board member and Treasurer Chris Wilkes said.
|