Recapturing Land for Economic and Fiscal Growth

Vacant land and abandoned properties challenge both older industrial metros struggling with the effects of long-term population decline and metros that were booming until the foreclosure crisis and the recession wrought havoc on their economies. These properties are a significant drag on local economic and fiscal health, exacerbating already intense fiscal stress for local governments. Yet they are also major potential assets for business growth, job creation, and neighborhood revitalization.
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