Top 5 things to know about Houston's questionable use of tax incentives for developers

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Top 5 things to know about Houston's questionable use of tax incentives for developers
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A Houston Chronicle investigation has revealed how the state’s biggest economic development programs are showering tax dollars on the politically connected while leaving out everyday Texans. Here's what to know.

Jon Shapley/Staff photographer

This was true even before the City Council embarked on an aggressive expansion in recent years. And it would still be true even if the Uptown TIRZ — Texas’ most prosperous zone, which has trapped nearly $6 billion in property value and generated hundreds of millions of dollars to be spent within its borders — didn’t exist.

That policy was on the minds of city planners who produced a report in 1992 on how the city should approach this relatively novel tool. 3. TIRZs were initially intended to help “blighted” areas, but lawmakers never actually required that A group of people cross Hillcroft Avenue near Bellaire Boulevard in 2019. The city recently rebuilt the street with wider sidewalks, a bike lane and an additional traffic signal with the help of one of Houston's 26 TIRZs.4. Texas lawmakers failed to set clear guidelines for the TIRZ program and have watered down some limits over time

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