Urban Renewal Agency

In Salem, the Urban Renewal Agency Board (Agency) is constituted by the Mayor and City Council with the Mayor acting as Chair. The City Manager serves as the Executive Director of the Agency.

Staff support is provided by the Urban Development Department through an intergovernmental agreement with the City of Salem. The Agency meets in Council Chambers following the Council meeting on the second Monday of the month at 6:00 p.m. and as needed on the forth Monday of the month.

What’s happening
  • MAY3Wed
    West Salem Redevelopment Advisory Board
    7:30 AM - 9:00 AM 
  • MAY4Thu
    North Gateway Redevelopment Advisory Board
    8:00 AM - 9:30 AM 
  • MAY8Mon
    Urban Renewal Agency Meeting
    12:00 AM - 11:59 PM 
  • MAY25Thu
    Downtown Advisory Board
    12:00 PM - 1:30 PM 
  • MAY29Mon
    Memorial Day Observance
    12:00 AM - 11:59 PM 
  • JUN1Thu
    North Gateway Redevelopment Advisory Board
    8:00 AM - 9:30 AM 
  • JUN7Wed
    West Salem Redevelopment Advisory Board
    7:30 AM - 9:00 AM 
  • JUN22Thu
    Downtown Advisory Board
    12:00 PM - 1:30 PM 
  • JUL4Tue
    Independence Day
    12:00 AM - 11:59 PM 
  • JUL5Wed
    West Salem Redevelopment Advisory Board
    7:30 AM - 9:00 AM 
  • JUL6Thu
    North Gateway Redevelopment Advisory Board
    8:00 AM - 9:30 AM 
  • JUL27Thu
    Downtown Advisory Board
    12:00 PM - 1:30 PM 

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Purpose

Urban renewal is a financial tool that funds projects and activities identified in an urban renewal plan and within an urban renewal area. The purpose of urban renewal is to make public investments in designated geographic areas of a city to remove blight, improve property values, and leverage private investment. These public investments spur redevelopment in areas where it might not otherwise occur.

Benefit

Urban renewal uses Tax Increment Financing to finance improvements and redevelopment in specific areas of a city by reinvesting the increase in the area's property taxes. When an urban renewal area is created, the assessed property value within the district is set (or “frozen”) and those taxes continue to go to taxing jurisdictions (city, county, school district, etc.). Any increase in the tax assessed value that occurs in that area (referred to as the “increment”) is collected by the urban renewal district to use for redevelopment projects that are identified in the urban renewal plan. The plan includes a timeline and/or funding capacity limit, called Maximum Indebtedness, under which it must operate. When the projects in a plan are complete and funding expended, the area closes and the taxing jurisdictions begin receiving their full share of taxes.

In Salem, urban renewal funding has been used to renovate historic downtown buildings, construct and rehabilitate pedestrian bridges and pathways, construct road and transportation improvements, purchase and cleanup vacant and contaminated property, and establish grant and loan programs to attract new businesses to an area.

​Additional information

Contact us

Urban Development Department
Monday–Friday
8:00 a.m.–5:00 p.m.
350 Commercial ST NE
Salem OR 97301
Phone: 
TTY/TDD: