Tax Increment Reinvestment Zone. The agreement does not require a community benefits agreement in exchange for funding. Final approval requires a vote by the Houston City Council.
== Academics ==
Rice is a medium-sized, highly residential research university. The majority of enrollments are in the full-time, four-year undergraduate program emphasizing arts & sciences and professions. There is a very high level of research activity. It is accredited by the Southern Association of Colleges and Schools as well as the professional accreditation agencies for engineering, management, and architecture.
Each of Rice's departments is organized into one of three distribution groups, and students whose major lies within the scope of one group must take at least 3 courses of at least 3 credit hours each of approved distribution classes in each of the other two groups, as well as completing one physical education course as part of the LPAP (Lifetime Physical Activity Program) requirement. All new students must take a Freshman …