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A tax increment reinvestment zone (TIRZ) is a political subdivision of a municipality or county in the state of Texas created to implement tax increment financing.They may be initiated by the city or county or by petition of owners whose total holdings in the zone consist of a majority of the appraised property value.
The Housing Market Renewal Initiative (also known as the Pathfinder Scheme) was in place between 2002 and 2011 and aimed to demolish, refurbish or construct new housing. Areas of housing that were demolished were replaced with new houses aimed towards attracting richer tenants to move to the area, rather than use by the areas' former residents ...
In one proposal, it wants to sell 20 acres of BLM land just outside Las Vegas — priced at $100 an acre — to the county government to use for about 150 units of housing for those who make up to ...
Brooks is a 1,308-acre (529 ha) mixed-use community in the southeast portion of the city of San Antonio, Texas, United States. Brooks was created in 2001 by the United States Congress, the State of Texas and the City of San Antonio to redevelop the former Brooks Air Force Base. Brooks is intended to be a catalyst for economic development, a ...
“In today’s housing market, the typical 25-34 year-old buyer would only spend about 25% of their income on housing in Wichita falls, less than the 30% rule-of-thumb.” 2. Lockhart
Methodology: In order to find the Texas cities that could be poised for a housing crisis, GOBankingRates looked at the largest 200 cities in terms of total housing units across the following ...
[2] [3] In Texas and other parts of the United States, it is "An area inside a housing development owned by all residents or by an overall management structure which charges each tenant for maintenance and upkeep." [4] [5] Common areas often exist in apartments, gated communities, condominiums, cooperatives, and shopping malls. [6]
Redevelopment also refers to state and federal statutes which give cities and counties the authority to establish redevelopment agencies and give the agencies the authority to attack problems of urban decay. The fundamental tools of a redevelopment agency include the authority to acquire real property, the power of eminent domain, to develop ...