Projects

Capital Improvement Projects

The following capital projects (CIP), located in TIRZ 24 and recommended by the TIRZ 24 Board, have been approved by both boards for initiation in 2024/2025. Specific projects and timing of each project will be reviewed and approved by the Board at a later date. These projects are expected to be completed by January 2028.

Affordable Housing

HCRDA and TIRZ 24 is setting aside 25% from annual tax increments for a Permanent Affordable Housing Fund. This new fund will facilitate the development of a variety affordable housing communities throughout TIRZ 24 and the HCRDA. This housing initiative is a result of the My Home is Here study from the Kinder Institute for Urban Research at Rice University. The study identified that Harris County needs an estimated 20,000 new housing units per year for the next 10 years. The estimated budget to achieve this vision is $47 billion. This ambitious goal will require multiple partnerships across the private sector, not-for-profit sector and public sector including local, state and federal agencies. The HCRDA is a perfect partner to facilitate and work across multiple agencies and will engage in numerous initiatives to facilitate housing solutions for the County.