Urban Renewal.
Arising from more than a half-century of slum clearance and urban housing reform campaigns, “Urban Renewal” was a federally sponsored and largely federally financed program that altered the physical landscapes of many American cities between the mid-1950s and the early 1970s. Proponents promised to provide cities with funds and legal powers to tear down slums, sell the land to private developers at reduced cost, relocate slum-dwellers in decent, safe housing, stimulate large-scale private construction of new housing, revitalize decaying urban downtowns by eliminating “blight” (economically unprofitable districts), and add new property-tax revenues to shrinking city budgets. Urban renewal, proponents argued, would also slow the departure of middle- and upper-income whites for the suburbs.... ...
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