Redevelopment FAQ

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Expand/Contract Questions and Answers

  • What is Redevelopment?

  • What is a Redevelopment Agency?

  • What can Redevelopment do?

  • What is a project area?

  • How is Redevelopment financed?

  • What is Tax Increment?

  • Will property taxes be raised?

  • How are other jurisdictions affected by Tax Increment Financing?

  • What is Economic Development?

  • How are an Economic Development Plan and a Budget Plan adopted?

  • What happens after an Economic Development Plan and a Budget Plan are adopted?

  • How does Community Development differ from Urban Development and Economic Development?