blighted area
Defined in 1 place of the United States Code.
The term “blighted area” means any area which the governing body described in subparagraph (A) determines to be a blighted area on the basis of the substantial presence of factors such as excessive vacant land on which structures were previously located, abandoned or vacant buildings, substandard structures, vacancies, and delinquencies in payment of real property taxes.
Source
- 1994–present26 U.S.C. § 144Internal Revenue Code · Qualified small issue bond; qualified student loan bond; qualified redevelopment bond · for purposes of this part