The Redevelopment Commission promotes and implements economic development projects, acting as a catalyst to redevelop blighted and other areas that have shown a cessation of growth and lack of development.
This is done through techniques including real estate acquisition, site preparation, and infrastructure development. Financing resources generally used are Tax Incremental Financing and Redevelopment General Obligation Bonds.
The First Organizational Meeting of the Wabash County Redevelopment Commission was held on Monday, July 30, 2007, at 2:00P.M. in the offices of EDG 202 South Wabash Street, Wabash, Indiana.