Does LURA only work on redevelopment and demolition projects?

Urban renewal projects can include the redevelopment or demolition of an existing building but may also include the rehabilitation of existing structures. Rehabilitation of existing structures can assist with retaining and expanding small businesses and enhance the unique character of Old Town Lafayette.

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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?