Treating the Symptoms - A Critical Review of ... - Civic Exchange

The Other Three “Rs”The URA’s other three R’s — rehabilitation, preservation, and revitalization — aresubsidized out of redevelopment profits. They are therefore a much smaller part of the URA’soverall budget, and less of a priority. They were added on to the URA bill after the overallstructure of the URA had already been decided, and the bill actually makes no referenceto the mechanisms to be used to achieve them. Here we will take a brief look at the URA’sprogrammes in these areas.105