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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.
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.
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.
: the act or process of redeveloping. especially : renovation of a blighted area. urban 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.
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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).
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).
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.
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.
: the act or process of redeveloping. especially : renovation of a blighted area. urban redevelopment.

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