Brownfield sites are areas of land previously used for industrial purposes or certain commercial uses that may be contaminated by hazardous waste or pollution. Cleaning and redeveloping these sites is essential for community health and environmental sustainability.
Displacement in real estate refers to the involuntary movement of population due to the conversion of their homes to other uses. This can occur due to various factors, including legal actions like condemnation, urban renewal projects, redevelopment initiatives, and natural disasters.
A landmark U.S. Supreme Court case that defined the parameters for the government's use of eminent domain to transfer land from one private owner to another for economic development.
Modernization refers to the process of updating a property by incorporating advanced equipment, implementing contemporary aesthetic improvements, and removing outdated facilities. It can vary in degree and may be described as remodeling, renovating, rehabilitating, or redeveloping.
The National Association of Housing and Redevelopment Officials (NAHRO) advocates for adequate and affordable housing, contributing to strong and viable communities, especially for low and moderate-income Americans.
Redevelopment involves the demolition of existing improvements and the construction of new improvements on a site. The new improvements often differ from the old ones in various aspects...
