#taxincrementreinvestmentzone — Public Fediverse posts

A tool to redistribute tax revenue to areas with substandard or deteriorated structures mostly benefits high-income residents in Houston, according to a new report from Rice University’s Baker Institute.

https://www.houstonpublicmedia.org/articles/news/city-of-houston/2024/12/03/507653/report-houston-tirz-districts-primarily-benefit-high-income-areas/

#CityOfHouston #Development #Houston #Infrastructure #Local #News #HoustonDevelopment #HoustonPropertyTaxes #HoustonTIRZ #RiceUniversitySBakerInstitute #TaxIncrementReinvestmentZone

A long-planned drainage project and street overhaul in Houston's Montrose neighborhood, which has been a point of contention over the fate of dozens of mature trees, is on hold and under review.

https://www.houstonpublicmedia.org/articles/infrastructure/2024/04/19/484161/long-planned-montrose-boulevard-overhaul-on-hold-and-under-review-by-houstons-new-mayor/

#CityOfHouston #Houston #HoustonMayor #Infrastructure #Local #News #PublicSafety #Traffic #Transportation #DrainageImprovementProject #HoustonMayorJohnWhitmire #MontroseBoulevard #MontroseTIRZ #MontroseTrees #TaxIncrementReinvestmentZone