The City of Houston has approved the Fiscal Year 2025 (FY25) Operating Budget for the Fourth Ward Redevelopment Authority and the FY25-29 Capital Improvement Plan (CIP) Budget for Reinvestment Zone Number Fourteen (Fourth Ward Zone). The FY25 Operating Budget totals $17,819,978, with $14,322,458 allocated for neighborhood street reconstruction and affordable housing development. The FY25-29 CIP Budget provides $55,842,358 for infrastructure improvements and housing projects, supporting the long-term growth and redevelopment of the Fourth Ward Zone. The budget includes $341,500 for administration and a municipal services payment of $98,501 for services to the area.
This budget approval is essential for funding critical infrastructure and affordable housing projects in the Fourth Ward Zone. It supports long-term urban revitalization and enhances the neighborhood's livability by improving streets, public amenities, and access to affordable housing.