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Houston staff outline $205 million proposed TIRZ budget, say implementation can take years
Summary
Assistant Director Jennifer Curley presented the proposed 2026 Tax Increment Reinvestment Zone (TIRZ) budget, described the project development process and schedule, and answered council questions about timelines, bond capacity, affordable-housing set‑asides and an outside Ernst & Young review.
Assistant Director Jennifer Curley of the mayor’s Office of Economic Development presented the proposed fiscal 2026 Tax Increment Reinvestment Zone budget and the schedule for sending TIRZ (tax increment reinvestment zone) budgets to City Council, saying the current FY2026 submission totals about $205,000,000.
Curley told the committee: “Tax increment reinvestment zones are authorized by Chapter 311 of the Texas Tax Code.” She outlined the development process for TIRZ projects, which includes study and coordination with Houston Public Works, meetings with district council members and a multi‑step design-review (30%, 60%–90%, 100%) before bidding and construction, which she described as “typically… about a 2 year process.”
The TIRZ program, Curley said, comprises 28 zones created by the city (27 active) and has financial partnerships with Harris County, Houston Independent School District, Spring ISD, Aldine ISD, Houston Community College and Lone Star College. She said Harris County has recently…
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