The article focuses on how redevelopment authorities and land banks (RALBs) are especially vulnerable to municipal fiscal distress given investment and coordination necessary to bring about meaningful, impactful equitable development require a level of resource deployment most local governments. It mentions powers of public finance authority, distressed property management, code enforcement and blight elimination. It also mentions resources necessary to do urban planning, community engagement.
Municipal finance, Local government, Urban planning, Land banks, Community development
Date of Authorship for this Version
Christopher J. Tyson, The Impact of Municipal Fiscal Crisis on Equitable Development, 48 FORDHAM URB. L.J. 883 (2021).