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UDAG

American  
[yoo-dag] / ˈyu dæg /

noun

  1. a U.S. government program providing federal funds to local governments or private investors for urban redevelopment projects.


Etymology

Origin of UDAG

U(rban) D(evelopment) A(ction) G(rant)

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Says Henry Miller, an administrative officer to Atlanta Mayor Andrew Young: "I find it ironic that Reagan would want to cut out UDAG, because it is one federal program that is entirely consistent with his belief in public-private partnerships."

From Time Magazine Archive

A. I remember all kinds of people, not just Republicans -- Democrats, friends, others -- that would talk to me about a UDAG.

From Time Magazine Archive

To qualify for UDAG, a mayor must prove that his proposal has local business support and will create jobs.

From Time Magazine Archive