Does being in a Redevelopment Project Area benefit citizens?
Redevelopment is one of the most effective ways to breathe new life into deteriorated areas plagued by social, physical, environmental, or economic conditions that act as a barrier to new investment by private enterprise. Through redevelopment, a project area will receive focused attention and financial investment to reverse deteriorating trends, create jobs, revitalize the business climate, rehabilitate and add to the housing stock, and gain active participation and investment by citizens all of which would not otherwise occur.