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Urban Renewal Areas/Plans

Urban Renewal is one of the City's economic development tools.  By designating Urban Renewal Areas for the purposes of slum and blight or for economic development for commercial or industrial development or for low-to-moderate income housing or for housing infrastructure, the City is able to provide incentives for specific projects as approved by the City Council and stated within an Urban Renewal Plan.

In 2012, an Urban Renewal law changed which states that in order to consider using Tax Increment Financing (TIF) for a project, the project must be stated in the Urban Renewal Plan.  This is requiring the City of Clinton to evaluate all existing Urban Renewal Areas to determine if an update to a plan is needed.  Below is a list of Urban Renewal Plans that have been updated, as well as existing areas with plans that have not been updated.

Central Business District

The Central Business District Urban Renewal Plan was originally established in 1981 and was amended for the seventh time on July 9, 2013.  This area covers a majority of what is considered Downtown Clinton.  

Active economic development agreements within the area include an Economic Development Loan with Hy-Vee.

Clinton Business Park