Redevelopment Agency (Various locations)

A Redevelopment Agency is a government body that focuses on revitalizing economically distressed areas within a city or region. These agencies identify neighborhoods in need of improvement and implement projects aimed at enhancing infrastructure, housing, and public spaces. Funding often comes from tax increment financing, where future property tax revenue generated by new developments is reinvested back into the area. The goal is to stimulate economic growth, attract businesses, and improve the overall quality of life for residents, while addressing issues like blight and displacement.