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Frequently Asked Questions
State law requires that 11 factors be used
to determine blight. They include things such as unsanitary or unsafe
conditions; deteriorated or deteriorating structures or site, the
existence of conditions that endanger life or property, and environmental
contamination. In most circumstances, four of 11 must be found to
exist.There are several steps involved in establishment of an urban
redevelopment area under this approach. They include the following:
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Preparation of an independent
blight study |
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Preparation of a market study
to help determine "highest and best use" of targeted
sites within the urban redevelopment area boundaries |
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Exploration of project development
options |
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Neighborhood input and involvement |
Yes, the URA has the power of eminent domain,
but rarely uses it. If eminent domain is authorized by the Authority,
there is a formal court process that determines fair market value
of affected properties.
Check out our page
on TIF.
No, TIF is used only when a blighted area or property
can't be redeveloped without public investment and when it meets
a public objective, and then only to fill the gap between the total
project cost and the level of private financing the project can
support.
No, redevelopment typically does not directly
affect your property taxes, although there may be an indirect effect
if property values eventually increase in a larger area because
of the redevelopment.
- Revitalization of blighted property;
- Stimulate private investment using public revenues created by
redevelopment;
- Attract new jobs and businesses;
- Create more housing, much of it affordable;
- Reduce crime;
- Build or improve roads, utilities, and public infrastructure;
- Revitalize obsolete or vacated buildings;
- Preserve and create open space;
- Transform brownfields (and greyfields) into productive uses;
- Preserve historic buildings;
- Boost property values;
- Reduce air pollution and traffic; and
- Provide needed retail in underserved areas.
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