What is urban renewal?

Urban renewal is a tool used by local governments across the country to address the deterioration and conditions of blight within urban areas. Urban renewal can be used for development and rehabilitation when blighted conditions act as a barrier. It is a method for restoring economic vitality and improving the health and safety of urban areas.

Show All Answers

1. About LURA
2. What is urban renewal?
3. What is "blight"?
4. What is Tax Increment Financing?
5. What is LURA's role in the community?
6. Why is urban renewal important?
7. What financing is available through LURA?
8. Does being in an urban renewal area affect my property tax or property value?
9. Why would I, a property/business owner, want to be included in an urban renewal area? What will the urban renewal plan do for me?
10. Does LURA only work on redevelopment and demolition projects?
11. How long does urban renewal last?
12. How can I get in contact?