redevelopment agency


Also found in: Acronyms.

redevelopment agency

A government subdivision created to improve blighted, depressed, deteriorated, or otherwise economically depressed areas; to assist property owners displaced by redevelopment; and to issue bonds or other instruments necessary to fund the programs. Goals are normally accomplished in partnership with private developers.

References in periodicals archive ?
If the voluntary payments are not made, the redevelopment agency will not be permitted to initiate new projects, obligations or activities after July 1, 2011.
In 2001, the municipality formed the Rahway Redevelopment Agency to facilitate and promote new business investment downtown and throughout the City.
with more than 280 condo units was given preliminary approval last month by the Redevelopment Agency.
We began planning this initiative five years ago to help meet the critical need for affordable senior housing in the area," said MaryAnn Gurliaccio, Chairwoman of the Housing and Redevelopment Agency.
One employee at the redevelopment agency explained why: "Armax [the project's developer] has now sued the agency.
The project represents the culmination of a long-time collaboration between Caruso Affiliated and Glendale Redevelopment Agency, and has been characterized in the real estate industry as a model example of successful public/private partnership.
The Perth Amboy Redevelopment Agency is requesting proposals from qualified individuals and firms ( contractor(s) or proposer(s) ) to provide Redevelopment Agency Attorney Services.
Voit teamed with the city's Urban Redevelopment Agency on the project in the San Gabriel Valley.
The Matzel and Mumford Organization was selected by the city's Redevelopment Agency last year to design and implement a plan to recycle the property it termed "an area in need of redevelopment.
San Jose Redevelopment Agency (CA) (Merged Area Redevelopment Project) refunding tax allocation bonds, series 2006C (insured: MBIA Insurance Corp.