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 ?
These funds are the critical foundation that leads to the development of the Morris Canal Greenway, said Diana Jeffrey, Executive Director of the Jersey City Redevelopment Agency. The brownfield funding will positively impact Jersey City, as we use the funds to redevelop and clean the historic site, putting the property back into productive use and enhancing quality of life.
The Camden Redevelopment Agency said it now has 17 active EPA grants, including six other cleanup grants.
Lastly, the Jersey City Redevelopment Agency will receive $928,090 to support a revolving loan fund from which the city will provide loans and subgrants to cleanup sites contaminated with hazardous substances and petroleum.
BANKING AND CREDIT NEWS-October 12, 2010--S&P rates Imperial Beach Redevelopment Agency's series 2010 bonds at A(C)2010 M2 COMMUNICATIONS http://www.m2.com
The Boynton Beach Community Redevelopment Agency is looking to sell the historic home it purchased for $850,000 in cash in 2007 and is offering buyers up to $350,000 in incentives to take the 1,736-square-foot property off its hands.
Norwich Redevelopment Agency Chairman Thomas Marien said Monday he would schedule a presentation on an economic development bond issue supported by Mayor Peter Nystrom and the Norwich Community Development Corp.
Since 1981, the Rancho Cucamonga Redevelopment Agency has made extensive efforts to create an optimum business environment to help ensure the growth and success of an assortment of businesses that choose to operate within the City.
San Jose Redevelopment Agency Executive Director Harry S.
She is currently vice chairman of the Redevelopment Agency Advisory Committee of Salt Lake City.
The San Jose Redevelopment Agency last week announced it received $200,000 in matching grants to help fund a partnership in electronic vehicle technology research.
Louis, had little trouble getting financial assistance from the Los Angeles Community Redevelopment Agency and the Gay & Lesbian Elder Housing Corp.
Before developers can condemn a property, they must have consent from a governing body, such as the city council or a city redevelopment agency, says attorney Elnardo Webster II, a partner at Booker, Rabinowitz, Trenk, Lubetkin, Tully, DiPasquale & Webster in West Orange, New Jersey.