 The City of Houston planned a Tax Increment Reinvestment Zone (TIRZ), placing the Rice within its boundaries.Based on projected tax revenue of $700,000, he coaxed a $6 million loan from Wells Fargo Bank, replacing the $5 million from the Davis group under the original plan.As head of HHFC, Stevens committed another $8 million to the project, $3 million of which would go toward buying the Rice outright.