The Bonham Economic Development Corporation, BEDCO is a 4B Corporation, that  works to foster the creation of a favorable climate for new and improved job opportunities by encouraging the development of business, industry and commerce. BEDCO is committed to offering new businesses a foundation of economic growth with small town charm which, along with it's quality of life, makes this a community of opportunity.

The City of Bonham is in the midst of an exciting time of growth and of reclaiming our history. We were designated a Main Street community in 1995 by the State of Texas. The results can be seen in the numerous restored buildings downtown.

We are working to recover the original uniqueness and beauty of our downtown area. Heritage District has completed eight major phases. The ninth and last phase is a 35 acre city park, to help with the funding, the City has applied for a $500,000 Texas Parks and Wildlife matching grant. In the heart of our downtown area around the Fannin County Courthouse is a brand new streetscape resulting in additional parking spaces, landscaping, trees and antique streetlights. Also completed is the three and half blocks of Main Street, including a new seventy-five car off street parking lot that is only a short stroll from downtown shopping. The new Visitors Center will benefit visitors, newcomers and will enhance the tourist industry.