How do RDAs pay for community improvements?
In most cases RDA's pay for only a fraction of development costs related to the new development they encourage. The RDA's share of development costs is paid through the use of property tax increment. Property tax increment is the increase in the property taxes generated in a project area over and above property taxes generated prior to the new development (base taxes). Generally, base taxes are not used to pay project costs. The use of tax increment must be approved by a committee made up of representatives from each of the affected property taxing entities.

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1. What is a redevelopment agency?
2. What do redevelopment agencies do?
3. What is a project area?
4. How do RDAs pay for community improvements?
5. How are redevelopment plan and budget adopted?
6. What happens after a redevelopment plan and budget are adopted?
7. When is eminent domain used?
8. What type of housing do RDAs encourage?
9. How does the RDA pay for housing?
10. How are an economic development plan and budget adopted?
11. What happens after an economic development plan and budget are adopted?