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TIRZ 25 FY25 Budget Approval and CIP Plan for Hiram Clarke/Fort Bend Zone

  • When: 2024/10/08
  • Address: Hiram Clarke/Fort Bend Zone, Houston, TX
  • City: Houston
  • State: Texas
  • Category: Economic Development Incentives
  • Size: $12,690,597 FY25 Operating Budget and $39,467,000 FY25-29 CIP Budget

The City of Houston has approved the Fiscal Year 2025 (FY25) Operating Budget for the Hiram Clarke/Fort Bend Redevelopment Authority and the FY25-29 Capital Improvement Plan (CIP) Budget for Reinvestment Zone Number Twenty-Five (Hiram Clarke/Fort Bend Zone). The FY25 Operating Budget totals $12,690,597, with $12,362,000 allocated for project costs, including blight removal, area-wide corridor beautification, 90A corridor improvements, and the extension of Simon Minchen Park. The FY25-29 CIP Budget totals $39,467,000, focusing on roadways, sidewalks, trails, and greenspace improvements.

Why it Matters

This budget approval is important for driving economic growth and revitalization in the Hiram Clarke/Fort Bend Zone. Key projects, such as the beautification efforts and corridor improvements, will enhance the area's livability and attract further development, contributing to the long-term sustainability of the community.

Source

Ownership - Hiram Clarke/Fort Bend Redevelopment Authority