Urban Renewal & Revenue Allocation Financing are the most significant tools available to Idaho communities for attracting and retaining businesses, generating economic development, promoting job creation and encouraging the development of deteriorating and underutilized areas.
When implemented effectively, they are able to the help to enhance economic stability and improve overall living conditions. The primary objectives of Urban Renewal include:
Revitalizing Deteriorating Areas
Attracting Investments
Creating Jobs
Enhancing the Quality of Life
Increasing Property Values
Addressing Social Issues
& Sustainable Development