Land Acquisition and Disposition Program

Based on goals and objectives contained in the SMCRA redevelopment plan including the elimination of “slum and blighted” conditions in the SMCRA area, the Agency established the land acquisition and disposition program. As part of the program, blighted properties are purchased by the Agency. Unsafe structures are subsequently demolished and title issues cleansed. Purchased properties are then conveyed to reputable commercial and affordable housing developers to complete to development in the community redevelopment area. The L.E.E.D. certified home project and proposed Madison Square development are recent examples of the program’s intent.