A blighted area refers to a section of a city primarily characterized by deteriorating, dilapidated, or unsafe structures. It often necessitates significant urban renewal and rehabilitation to revitalize and redevelop the area.
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.
Inner City generally refers to the older and more urbanized area of a large city surrounding the Central Business District. It is often characterized by densely populated neighborhoods that may face socioeconomic issues, including low income levels and a high proportion of minority racial and ethnic groups.
The neighborhood life cycle represents the generalized pattern of physical and social changes that residential areas undergo over time. This cycle can be influenced by various factors including economic conditions, demographic shifts, and policy interventions.
Urban renewal is the process of redeveloping deteriorated sections of a city through demolition and new construction, often involving government programs to modernize and revitalize areas.
