The Provo City Redevelopment Agency is a separate agency from Provo City, established under the section of Utah law governing “community development and renewal agencies” (Title 17C, Utah Code). In spite of this measure of autonomy under State law, the City Council is the governing board of the Redevelopment Agency, and the Mayor is the Chief Executive Officer. 

What We Do

The Redevelopment Agency is charged primarily with undertaking programs and projects to revitalize Provo’s central business district (CBD) and the surrounding central-city neighborhoods. With the power to undertake tax increment financing as granted by the State Legislature, the Redevelopment Agency also sometimes is called upon to provide tax increment financing for economic development projects outside of the CBD and central neighborhoods.

Provo also has designated the Redevelopment Agency to administer the City’s Community Development Block Grant, HOME Investment Partnerships, and other HUD programs in the area of community development and housing. (These do not include the planning and other functions under the City’s Community Development Department.)

In addition, through the Community Development Block Grant, the Redevelopment Agency funds the Business Development Corporation of Provo (BDC), an organization which provides loans and mentoring to startup businesses (mostly new technologies and export-economy businesses).