Redevelopment supports and creates places that make Austin special. Now part of the Financial Services Department as of October 2024, the Redevelopment Division provides significant social and economic value to the City of Austin through a variety of redevelopment and place-based initiatives that focus on catalytic investment to further the community goals as set out in Imagine Austin and the 2023 Strategic Direction. Each of the division's initiatives support the residents, businesses, visitors, and tax base of Austin. Read about each of these below.