Economic Development Zones
Idea Category: Jobs and Entrepreneurship, Smart Government
Problem
The current economic development incentives provided by the City of Birmingham are being utilized to revitalize downtown while making renting and home ownership less affordable for residents.
Solution
This ordinance would ensure equitable distribution of economic development incentives within the City's authority, to revitalize neighborhoods throughout the city. It would promote a sliding scale that rewards economic development projects in areas with high rates of poverty, specific to each neighborhood/community's income levels.
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