Residents of Richmond enjoy a rich quality of life. Richmond's low cost of living mixed with a high performing school district, tree-lined historic streets, master planned communities, and the sweeping bends of the Brazos River have created an unparalleled quality of life. 

Quality of life in Richmond will only get better. According to a recent article posted on Richmond.gov, the city of Richmond will see new improvements which will have impact on revitalizing business in downtown Richmond and spur investment into the City, according to an article published on Richmond.gov.

The City of Richmond’s Development Corporation recently approved the Downtown Improvement Grant Program. The grant is designed to be a pilot program for enhancing the downtown area known for its unique and historic downtown. The program is designed to play on the area’s strength by beautifying the commercial buildings through encouraging productive uses for these one of a kind buildings. The grant program provides a 50% match on eligible improvements with goal to promote substantial improvements which might not otherwise be feasible for the property owner.

The second item Commission approved was The Opportunity Zone program with designation for two census tracts in Richmond. Recently created by the Tax Cuts and Jobs Act passed by Congress, the program incentivizes investment by reducing capital gains taxes of developers or business owners making investments in these zones. The program will highlight Richmond as an area prime for investment to bring quality development and high paying jobs to the community.

Can’t wait to live here? View new homes in Lakes of Bella Terra.