Outline of Potential Incentives for Reducing Barriers
to Re-Development of Low Income Neighborhoods
Source: FIU/FAU Joint Center for Urban Studies (1999)
Public Entrepreneurship: involves public sector's activities in
assembly and conveyance of land along with possible fiscal incentives
for private investment.
the purchase of land by a governmental entity with the intent of
controlling its future use.
zoning which applies a common set of regulations and
standards to a designated area that may cut across several different
preexisting conventional zoning districts.
a zone defined by a list of permitted impacts as opposed to a list of
under incentive zoning, a developer may be encouraged
to erect a building in a way that is not usually permitted in that
district under the community's zoning ordinance in exchange for
providing certain amenities.
to ensure the inclusion of very low, low, and
moderate income housing within a given political jurisdiction.
combination of different land uses on the same or adjacent lots or
within the same building or complex.
Development: a device that allows a development to be
planned and built as a unit.
(potential): determine the "form" or "pattern" of
development within a community and to design districts which conform to
those patterns or to create new forms within a community.
real estate development that is closely linked to
public transportation services and stations and relies to a
considerable extent on the market and locational advantages provided by
the transit facility.
Program: a program for the multi-year budgeting of
capital improvement expenditures, typically for a five year period.
Service on FEC Corridor (potential): the FEC corridor is
closer to many downtown areas but without commuter service.
Development Review and Permit Processes
Enforcement: a tool to help prevent the further
deterioration of an area.
Development: an approach that emphasizes securing a
high density level, combining a mix of uses, utilizing a hierarchy of
streets and designing at a human scale to maximize the potential for
transit use within a community.
Neighborhood Development : similar to TOD and gives
additional emphases on integrating civic uses (e.g. community center,
church) and open space into the development.
Code (potential): a land use ordinance that
combines the provisions of ordinarily separate zoning and subdivision
Chapter 380 Regional Activity Center:: a compact, high density
multi-use area designated as appropriate for intensive growth by the
local government of jurisdiction.
Development District: a geographic area specifically
designated as highly suitable for increased threshold intensity in the
approved local comprehensive plan and the applicable strategic regional
Concurrency Exception Area: an area within which local
government grants an exception from the concurrency requirement for
Downtown Development of Regional Impacts: two alternative
forms to the standard DRI process in addressing generally large areas
or the downtown areas.
Lending Institutions: the need for incentives to lending
institutions have been mentioned throughout the Eastward Ho!
a specific geographical area with a set of policies
designed to encourage local businesses to take advantage of tax
incentives and other public assistance with the hope of generating
investment that leads to employment growth.
Communities and Empowerment Zones: encourage investment
designated distressed areas by providing a combination of direct
grants, tax incentives and priority consideration for flexibility in
the use of funds.
Financing: a method of funding public investment in an
area slated for redevelopment by recapturing, for a set time, all or a
portion of the increased tax revenue that may result if the
redevelopment stimulates private investment.
Financing: offering construction or permanent
financing at below-market-interest rates can be effective in attracting
developers and home purchasers.
Tax Base Sharing
(potential): a mechanism through which fiscal benefits
of growth within a metropolitan area can be shared by all residents
regardless of where the actual development occurs.
Taxation: the use of tax credits or deductions as
incentives for preserving or creating socially desired land uses.
Fee Reduction or
Waivers: reductions of permit or impact fees for
Development Block Program (CDBG): financing programs for
commercial and residential rehabilitation, construction of
infill-housing and infrastructure improvements in areas predominantly
with low and moderate income residents.
Initiative Program (SHIP): provision of financial and
technical assistance for the creation and preservation of affordable
Partnership Program : offers similar types of
assistance as SHIP to both for-profit and nonprofit developers, as well
as individual homeowners.
Redevelopment Agency: an entity created by a county or
municipality to carry out redevelopment function (Sec 163.356, F.S.).
Entities (potential): entities which can acquire land
through foreclosure or donation, purchase sites needed to aggregate
larger tracts, and dispose of land to developers and community groups.
Consortium: an entity which is made up of a number of
financing institutions working together.
Improvement District: an area defined in Sec 163.503, F.S.
where there is a plan to reduce crime through the implementation of
environmental design, environmental security, or defensible space
techniques for crime prevention.
District: a geographical area within which the
special levy against property to finance specific capital improvements
Management Association: an entity which is formed by
organizations within a specific area to address primarily
transportation issues for their employees.
Authority (potential): an authority which could have
any combination of the authority regarding funding, planning, or
operation of the regional transit systems.
Small Business Assistance Programs: providing
expanded university small business assistance programs will help to
nurture and retain small business within the Corridor.
includes community activities to assist the delivery of policing
Training: an important part of the overall community
capacity building effort.