Economic Impact Estimate

Three redevelopment scenarios showing projected tax revenue, crime reduction, jobs created, and timelines — from targeted corridor interventions to city-wide campaigns.

If top 5 vacancy clusters are redeveloped

Target Properties: ~250 properties
Tax Impact: $8–12M new annual tax revenue
Crime Reduction: Est. 15–20% reduction in nearby crime incidents
Jobs Created: ~400 temporary construction + 150 permanent
Timeline: 18–36 months

If West Montgomery corridor targeted first

Target Properties: ~85 properties
Tax Impact: $2–4M new annual tax revenue
Crime Reduction: Est. 10–18% reduction in West Montgomery crime
Jobs Created: ~120 temporary + 50 permanent
Timeline: 12–24 months

City-wide code enforcement campaign

Target Properties: ~4,200 properties
Tax Impact: $40–60M long-term value unlock
Crime Reduction: Est. 8–12% city-wide crime reduction over 5 years
Jobs Created: Varies by redevelopment type
Timeline: 5–10 years

* Estimates based on comparable municipal redevelopment programs in similarly-sized Southern cities. Actual outcomes vary by development type, market conditions, and execution quality. Sources: Urban Land Institute, HUD Community Development Reports.

Funding Pathways

HUD Community Development Block Grant (CDBG)

Flexible federal funding for housing, infrastructure, and economic development in low-to-moderate income areas. West Montgomery qualifies.

DOJ Community Violence Intervention Grants

Funds data-driven interventions targeting crime reduction — including vacancy-crime correlation programs with measurable outcomes.

Economic Development Administration (EDA)

Funds infrastructure and planning in areas with significant unemployment. Montgomery's 6.2% rate qualifies for EDA distressed community designation.

State of Alabama ADEM / ADECA Programs

State brownfield cleanup, code enforcement support, and community development grants aligned with Montgomery's redevelopment priorities.