LCDC video: extended version
Watch and understand
How urban renewal works video
We've seen the successes. The Kroc Center. Riverstone development. Higher Education Campus. New downtown library.
The city’s urban renewal agency, the Lake City Development Corporation (LCDC), played an integral role in all of these projects. But where did the money come from to help support these progressive community endeavors?
Take a few minutes and we'll help you understand.
As part of its ongoing commitment to public transparency and open communications, the Lake City Development Corporation has produced a brief educational video that is now available. The video includes comments from community citizens, including local business owners, and LCDC Chairman Denny Davis. It also details how urban renewal works through a process called tax increment financing.
This video is not a sales tool. Instead, it is the LCDC's effort to clear up misunderstandings about the agency's work, shed some light on our mission and respond to frequently asked questions about urban renewal funding with easy-to-understand factual data, graphics and comments. There are two versions. A brief 3-minute video and a more comprehensive 7-minute video. Enjoy.
Partnering for Progress
Thank you for your interest in the Lake City Development Corporation (LCDC), the city of Coeur d’Alene’s redevelopment agency. Since 1997, the LCDC has helped support a vibrant community through partnering in redevelopment projects in the city of Coeur d'Alene. To date, the LCDC has supported projects that have created hundreds of new jobs and added millions in property valuation to the city.
Our volunteer board of community leaders is passionate about nurturing an even healthier community through urban redevelopment endeavors that benefit citizens and support economic vitality. We invite you to explore our website and learn about our contributions that have helped to reshape the city of Coeur d'Alene and brighten its future.
The LCDC has been a proud partner in:
--Kroc Community Center
--New downtown public library
--Higher education campus
And we're just getting started.