Redevelopment Agencies

Redevelopment Agencies (RDAs) are government entities created to improve specific areas within a city or region. They focus on revitalizing rundown neighborhoods by funding projects like new infrastructure, affordable housing, parks, and businesses. The goal is to stimulate economic growth, enhance community well-being, and increase property values. RDAs often generate revenue through property taxes or bonds, which are reinvested into the community. They work collaboratively with local government, businesses, and residents to transform neglected areas into vibrant, sustainable communities while aiming to balance growth with public interests.