We are committed to the expansion and enhancement of our zone.
The constituents of Hiram Clarke and Fort Bend Houston will benefit significantly from the impact of the
Hiram Clarke / Fort Bend-Houston Tax Increment Reinvestment Zone for years to come.
What is a TIRZ?
Tax Increment Reinvestment Zones (TIRZs) are special zones created by City Council to attract new investment in an area. TIRZs help finance costs of redevelopment and encourage development in areas that would otherwise not attract sufficient market development in a timely manner. Taxes attributable to new improvements (tax increments) are set-aside in a fund to finance public improvements within the boundaries of the zone.
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Plans for Hiram Clarke/Fort Bend-Houston include the expenditure of public funds for eligible project costs including the planning, engineering and construction of new streets, water distribution facilities, wastewater collection facilities, storm drainage improvements, roadway and street reconstruction projects, cultural and public facility improvements, parks and other related improvements.