general neighborhood renewal plans

general neighborhood renewal plans Sec. 303. Section 102(d) of the Housing Act of 1949 is amended— (1) by striking out the first sentence of the second paragraph and inserting in lieu thereof the following: “In order to facilitate proper preliminary planning for the attainment of the urban renewal objectives of this title, the Administrator may also make advances of funds (in addition to those authorized above) to local public agencies for the preparation of General Neighborhood Renewal Plans (as herein defined). A General Neighborhood Renewal Plan may be prepared for an area consisting of an urban renewal area or areas, together with any adjoining areas having specially related problems, and which is of such size that the urban renewal activities in the urban renewal area or areas may have to be initiated in stages, consistent with the capacity and resources of the respective local public agency or agencies, over an estimated period of not more than eight years.”; and (2) by striking out the first numbered paragraph and inserting in lieu thereof the following: “(1) in the interest of sound community planning, it is desirable (hat the urban renewal activities proposed for the area be planned in their entirety;”.