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urban renewal
(redirected from Federal housing act of 1949)

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
urban renewal

Redevelopment of deteriorated and underutilized urban properties, often through the provision of tax incentives, low-interest-rate bond money for loans, and government investment in infrastructure improvements such as roads and public parks in order to spur development.



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Federal Home Loan Bank of San Francisco
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