The Redevelopment Commission is responsible for the rehabilitation and development of land and property using Tax Increment Financing (TIF) within the City of Lafayette for a use that is in the best social and economic interest of the City and its residents.
Per Indiana Code 36-7-14-11, the Commission shall:
Investigate, study, and survey areas needing redevelopment within the corporate boundaries of the City.
Investigate, study, determine, and, to the extent possible, combat the causes of areas needing redevelopment.
Promote the use of land in the manner that best serves the interests of the City and its residents.
Cooperate with the departments and agencies of other governmental and public entities in the manner that best serves the purposes of this Commission.
Make findings and reports on their activities under this section, and keep those reports open to inspection by the public at the offices of the department.
Select and acquire the areas needing redevelopment to be redeveloped under this chapter.
Replan and dispose of the areas needing redevelopment in the manner that best serves the social and economic interests of the City and its residents.