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the city of madison funded the redevelopment of a blighted area of the city with the objective of revitalizing it. funding was approved to clean up the site, build up flood zones, build water retention ponds, and run the sewer, water, and electric utilities to the site. five years into the project, it was clear that no commercial or residential developers were interested in developing on the site. what should the city of madison have done before funding and completing the redevelopment?

Answer :

The city of madison performed an independent feasibility study early on before funding and completing the redevelopment.

Funding is the act of presenting assets to finance a need, program, or project. while this is normally inside the form of cash, it may also take the form of effort or time from an company or corporation.

And below equity funding, there are 3 types of investment that are project Capital price range, non-public equity funds, and Angel investors. while seeking out the proper types of investment and investors, the organisation ought to enhance price range from companies which have each the significant community and problem matter information within the enterprise.

Learn more about funding here:https://brainly.com/question/25887038
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