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
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
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.