The community can create a business or community improvement district where incremental tax revenue is reinvested into infrastructure improvements. Overlay zoning can be added to protect small businesses (see below) as well as other programs and policies in this section.
See the City of Atlanta and Good Jobs First Case Studies.
Other Financial Policies & Programs:
The community can create a business or community improvement district where incremental tax revenue is reinvested into infrastructure improvements.
Communities may offer financial incentives to developers for creating space for and/or preserving local, cultural, and legacy businesses.
Communities can work with local lenders and financial organizations to address capitalization needs to support longer leases or property ownership. Communities can partner with these financial institutions that emphasize investment in these corridors.