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Redevelopment agencies develop a plan and provide the initial funding to launch revitalization of those areas. In doing so, redevelopment encourages and attracts private sector investment that otherwise wouldn't occur.
What is an example of redevelopment?
The most common example of a redevelopment project is when an existing building is demolished so that a new one can be built. However, redevelopment can also occur when a current complex or building is repurposed in order for the property to better align with market trends.
What is the redevelopment plan?
The Redevelopment Plan The redevelopment plan is a zoning tool used to define and implement a vision and regulate the land use of an investigated area in a municipality.
What is definition of redevelopment?
: the act or process of redeveloping. especially : renovation of a blighted area. urban redevelopment.
Why do we need redevelopment?
Redevelopment agencies develop a plan and provide the initial funding to launch revitalization of those areas. In doing so, redevelopment encourages and attracts private sector investment that otherwise wouldn't occur.
Related Searches
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Community Redevelopment Agency (\u201cCRA\u201d) refers to a public entity created by a city or county to implement the community redevelopment activities outlined under the Community Redevelopment Act which was enacted in 1969 (Chapter 163, Part III, Florida Statutes).
What is a CRA in local government?
Community Redevelopment Agency (\u201cCRA\u201d) refers to a public entity created by a city or county to implement the community redevelopment activities outlined under the Community Redevelopment Act which was enacted in 1969 (Chapter 163, Part III, Florida Statutes).
What is a TIF Florida?
Tax Increment Financing (often referred to as "TIF") is a method to pay for redevelopment of a slum or blighted area through the increased ad valorem tax revenue resulting from that redevelopment.
What is the redevelopment plan?
The Redevelopment Plan The redevelopment plan is a zoning tool used to define and implement a vision and regulate the land use of an investigated area in a municipality.
What is definition of redevelopment?
: the act or process of redeveloping. especially : renovation of a blighted area. urban redevelopment.
Related links
A Plan for Detroit's Lower Eastside
Sustainable Community Redevelopment: A Plan for Detroit's Lower Eastside ; Year. 2010 ; Project Status. Past Project ; Client Organization. Jefferson East Business ...
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