Our Future Communities Start Here

BUMPS IN THE ROAD

Redevelopment starts the path to building strong, diverse neighborhoods that can attract and keep the workforce and start and grow businesses but these improvements are not met without their fair share of challenges. This process often requires significant financial resources to acquire properties, demolish existing structures or construct new buildings. Securing funding and managing costs can be a major challenge, especially in cases where the economic viability of the project is uncertain.

Predevelopment Assistance Partnership 44

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