Why would I, a property/business owner, want to be included in an urban renewal area?
By initiating the process of designating an area for urban renewal, a community is sending the message that they are interested in assisting with its revitalization. Through the planning process, market opportunities are identified and the private sector is engaged in understanding these opportunities, as well as the tools which are available to assist with project implementation. Property owners and businesses benefit from both the public and private commitments and investment through association and proximity. (Also see “impacts to property values.”)

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1. What is an Urban Renewal Authority?
2. What is the purpose of an Urban Renewal Authority for Avon?
3. What is an Urban Renewal Plan?
4. What is the Main Street Redevelopment Project?
5. What is a Conditions Survey (Blight Study) and why do one?
6. What is Tax Increment Financing (TIF)?
7. Can TIF always be used to finance a project?
8. If an area is described as “blighted” what does that mean?
9. What is the legal definition of a blighted area?
10. Why would I, a property/business owner, want to be included in an urban renewal area?
11. Does being in an urban renewal area affect my property values?
12. Does being in an urban renewal area mean my property will be condemned?
13. Who decides what the final urban renewal plan will look like?
14. If my property is in an urban renewal area, what flexibility do I have to improve it?
15. What is the process for establishing an urban renewal area and advancing and urban renewal plan?