Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CCDC outlines how Boise's urban renewal districts work and when new districts are formed
Summary
Capital C Development Corporation gave Boise City Council an overview of the agency's six active urban renewal districts, its five-year capital plan and the multi-stage process and criteria for forming a new district.
Doug Woodruff, development director at Capital C Development Corporation (CCDC), told the Boise City Council that urban renewal districts are a tool to concentrate public investment and spur redevelopment across parts of the city.
CCDC, which Woodruff described as "Boise's urban renewal agency," operates six active urban renewal districts, owns and operates structured public parking and is governed by a nine-member board, he said. Woodruff said the agency's five-year capital improvement plan programs about $153,000,000 in public investments over the next five years.
Woodruff said urban renewal districts are funded by tax-increment revenues generated by redevelopment within the district and that "the districts itself receive incremental growth for 20 years," which he described as the standard timeframe under state practice. He said revenue generation is incremental…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
