PRINCETON, WV (LOOTPRESS) – An ordinance creating Princeton’s Land Reuse Agency (LRA) was approved and enacted on second reading by the Princeton City Council during the city’s November City
Council Meeting. Land Reuse Agencies are tools that municipalities across the state use to stabilize their local economy through the elimination of blight and dilapidation. The City of Princeton aims to utilize its LRA to transform tax delinquent, nonrevenue generating property into viable development projects- such as, but not limited to, commercial, residential, and green spaces.
The City of Princeton believes that the unique flexibility of an LRA is pivotal to community revitalization and economic growth. The Princeton LRA will work in conjunction with the up-and coming Princeton EDA and other City officials to help build and grow the City of Princeton.
Any questions or inquires related to Princeton’s LRA can be sent to Samuel Lusk.