To capitalize on the opportunities within central Beaverton and to meet the community’s desire to create a revitalized, vibrant downtown core, the Beaverton Urban Renewal Plan (Plan) was developed in 2010 and approved by voters in 2011. The Beaverton Urban Redevelopment Agency (BURA) is the agency responsible for administering and monitoring urban redevelopment and renewal activities within the City of Beaverton.
Urban Redevelopment Advisory Committee (URAC) Meeting CANCELED Monday, November 4, 2019, 7 pm RESCHEDULED Monday, November 18, 2019, 6:30 pm Monday, November 18, 2019, 6:30 pm 12725 SW Millikan Way | Columbia River Room, 5th Floor
Tax Increment Financing (TIF)
Urban renewal and tax increment financing (TIFs) are public financing tools providing local governments with the flexibility necessary to respond to new challenges and opportunities arising locally; BURA employs these tools to spur targeted investments in particular, blighted areas in order to create value through the development of public- and private-funded improvement projects.