Houston Offering Tax Breaks to Build Housing Downtown, Create a Vibrant City

Skyline image courtesy of Urban Splatter

Houston. (Courtesy Urban Splatter)

Houston is set to double the amount of tax breaks it gives to developers for downtown apartments and condos to try to lure people to the city’s sleepy business district. The City Council unanimously agreed to expand the Downtown Living Initiative, which first launched a year and a half ago, to offer tax breaks for 5,000 residential units, up from a previous cap of 2,500.

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