Redevelopment agency

(CRA)

A redevelopment agency is a government body dedicated to urban renewal. Typically it is a municipal level city department focused on a particular district or corridor that has become neglected or blighted. In many cases this is the city's original downtown that has been supplanted in importance by a regional shopping center. Redevelopment efforts often focus on reducing crime, destroying unsuitable buildings and dwellings, restoring historic features and structures, and creating new landscaping, housing and business opportunities mixed with expanded government services and transportation infrastructure.[1]

Examples

References

  1. ↑ Duran-Brown, Bernadette (May 27, 2015). "Redevelopment By Any Other Name Would Still Be Redevelopment…". JD Supra Business Advisor. Los Angeles: Nossaman LLP.


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