About the RDA  

Mission Statement

The mission of the Redevelopment Agency of Salt Lake City (RDA) is to improve blighted areas of Salt Lake City, encourage economic development of Salt Lake City, encourage the development of housing for low and moderate income households within Salt Lake City and encourage compliance with and implementation of the Salt Lake City master plan. The RDA will participate with Salt Lake City, Salt Lake County, the State of Utah and other public entities, as appropriate, in implementing its mission.

The tools available to achieve the RDA's mission include:

1. Property acquisition, clearance, re-planning, sale and/or redevelopment;
2. Planning, financing and development of public improvements;
3. Providing management support and financing for projects which will improve blighted areas;
4. Gap financing in the form of loans, grants and equity participation to encourage private investment;
5. Relocation assistance and business retention assistance to businesses.

What is a Redevelopment Agency?

Redevelopment Agencies (RDAs) are a tool used by local governments to eliminate blight and to implement the development goals of a community. The Redevelopment Agency of Salt Lake City currently has developed six tax-increment project areas throughout the city.
 
As the city grows older, parts of it can become deteriorated with buildings and core public infrastructure that are in disrepair. In other areas of the city that were once focused on industrial uses, basic infrastructure is inadequate to attract and support new investment and development. The effects are a decrease in the assessed valuation of the property that results in reduced property tax collections for all taxing entities, and further disinvestment that promote a cycle of urban degeneration.

RDAs bring life back to depressed areas by investing in core infrastructure, such as streets, lighting, curb, and sidewalks; by facilitating redevelopment of underutilized property and providing incentives for private investment. As the project area’s social value and economic potential increase, other businesses and private investors are encouraged to respond with additional development and improvements. RDA projects are designed to spur additional growth, allowing blighted areas to be reestablished as economically productive centers for business and social activity.

To learn more about how the RDA uses tax increment, visit our Finances page. To hear about current and recent RDA projects visit our News page.

Annual Reports

To see the annual report of RDA projects choose one of the following links: