What is LURA's role in the community?

We work in partnership with the City of Lafayette, private property owners, and businesses to ensure all redevelopment or rehabilitation efforts continue to attract visitors, fuel economic vitality, and emphasize the uniqueness, diversity, and historical value of Lafayette. LURA is working to make Public and Baseline Roads and Simpson Street welcoming places for those within our community and from neighboring communities to spend their days and evenings.

Show All Answers

1. About LURA
2. What is urban renewal?
3. What is "blight"?
4. What is Tax Increment Financing?
5. What is LURA's role in the community?
6. Why is urban renewal important?
7. What financing is available through LURA?
8. Does being in an urban renewal area affect my property tax or property value?
9. Why would I, a property/business owner, want to be included in an urban renewal area? What will the urban renewal plan do for me?
10. Does LURA only work on redevelopment and demolition projects?
11. How long does urban renewal last?
12. How can I get in contact?