Page 342 - N. Richland Hills General Budget

Economic Development Capital Projects

Project Name Project Description
Business Improvement and This initiative will help North Richland Hills revitalize aging structures along the Rufe Snow Drive, Davis Boulevard and
Growth (BIG) Program - Boulevard 26 corridors south of Mid Cities Boulevard in addition to Glenview Drive and Bedford-Euless Road. The BIG
Continuing Project program is designed to improve the exterior, visibility and presentation of a business. The BIG program is not designed
to subsidize corrections to building code violations that prolong the life of a commercial property. Any BIG project
should strive toward increases in sales and/or revenue for the occupant or property owner. The two basic areas
targeted are façade improvements and monument sign construction.

Loop 820 Redevelopment 2016 - With the North Tarrant Express finalized, continued interest from potential businesses bring a need to facilitate high
Continuing Project quality uses along the south side of the 820 corridor, just east of Rufe Snow.

Neighborhood Revitalization The Neighborhood Revitalization Program (NRP) is designed to revitalize neighborhoods by renovating single-family,
Program (NRP) - Continuing owner-occupied homes in a target zone. By renovating homes, the program will not only boost property values in these
Project neighborhoods, but also provide interested single-family home buyers the opportunity to purchase an updated and safe
home that they can be proud to own at a reasonable price. This program aims to give such neighborhoods a "facelift"
while continuing to attract responsible citizens.
This program provides a twenty percent (20%) grant of up to $10,000 for the completion of well-designed home
renovations that make a home more aesthetically pleasing and inspire the continued community growth of the
neighborhoods in the program's initial target zone. Both contractors "flipping" homes and residents who currently own
homes qualify for this incentive.
Sign Removal Assistance This project assists North Richland Hills businesses who voluntarily choose to remove their non-conforming signs. This
Program - Continuing Project project is a cooperative effort between the Planning and Development Department and the Economic Development
Department.

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