After a decade of debate on how to revitalize Fort Lauderdale's northwest area, city leaders agreed this week to pay for a $45 million, five-year project aimed at revitalizing the City's poorest section.
"The City will combine city and county funds, federal grants, bank loans and financing methods such as tax increment financing to create a pool of money to renovate buildings, buy vacant lots and develop them, build single family homes, and improve sidewalks, landscaping, infrastructure and lighting."
Thanks to Sheryl Stolzenberg
FULL STORY: Fort Lauderdale to spend $45 million to revitalize poorest section of city
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