Blight

(redirected from blighted)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to blighted: blighted area, Blighted ovum

Blight

Dilapidated or abandoned property. Blight causes low property values in the surrounding area, and is strongly associated with crime and capital flight. Many municipalities take steps to reduce blight; for example, a city may offer a tax incentive for a business to move into a blighted area or a grant to repair a building. Some blighted areas, however, are considered to be beyond repair.
References in periodicals archive ?
120) While early federal urban renewal policies sought to leverage investment in the rehabilitation of genuinely blighted areas, TIFs depend upon dramatic increases in property value, and as a result, are geared more toward new commercial investment--often in well-heeled suburban neighborhoods.
We figured the best way to improve dramatically the community's ability to turn blighted property into something of value was to create a financial intermediary, where the banks could invest in a stand-alone entity.
This discarded material, which often includes blighted tu-bers, is forming more potato dumps.
Los Angeles won a $1 million settlement from a major firm that ends a lawsuit over blighted property conditions.
The property owners are also contesting a finding that the area is urbanized and blighted.
A new Valley city, she said, should improve blighted areas, increase the number of police officers, increase its budget for the poor and focus on housing and redevelopment.
Without question, it will help revitalize blighted areas in our community.
The inclusion of those lots was inappropriate because they were neither blighted or necessary for redevelopment of the area as a whole,'' Tyrrell said.
It sounds to me like they're straying far afield from the original purposes of redevelopment, which is to use tax increment financing to help revitalize truly blighted areas.
With the city blighted by far too many billboards already, there's no reason to erect more.
BURBANK - Hoping to stimulate economic activity in a blighted area, city officials have agreed to loan a local business $250,000 so it can complete an expansion in a redevelopment area.
But the plan's supporters, including representatives of the outdoor advertising industry, said the trade-off, resulting in the removal of a larger number of billboards from blighted areas, will be worthwhile.