What can urban renewal pay for and what can it not pay for?

The activities eligible for urban renewal funding are determined by ORS 457 and sometimes change. Per ORS 457.170, eligible activities include:

  • Rehabilitation or conversation work
  • Real property acquisition
  • Demolition, removal, or rehabilitation of buildings and improvements
  • Installation, construction, or reconstruction of streets, utilities, and site improvements
  • Assisting in the relocation of persons
  • Disposition of property acquired in the urban renewal area
  • Undertaking and carrying out neighborhood development programs

Ineligible activities include all other activities not listed by ORS 457, such as non-capital improvements, temporary improvements, and grants or loans for operating expenses.

Show All Answers

1. How is an Urban Renewal Plan financed?
2. How does Tax Increment Financing work?
3. What is Maximum Indebtedness?
4. When does it make sense to use urban renewal?
5. What can urban renewal pay for and what can it not pay for?
6. Does urban renewal increase property taxes?
7. How does “Tax Increment Financing” affect overlapping taxing districts?
8. What about schools?
9. How is an urban renewal area created?
10. What are the steps to amend a TIF area/plan?
11. What types of projects are typically completed?
12. How has urban renewal been used in Oregon City?
13. What are the benefits of TIF?
14. Why was the Urban Renewal Plan amended?
15. How long does an urban renewal plan last?
16. What are some examples of how urban renewal has been used elsewhere in Oregon?
17. What About the Downtown / North End District?
18. What do I do if I have more questions?