Benefit from the Journal Square 2060 Redevelopment Plan even if you are in Foreclosure

What does Journal Square 2060 mean to someone with a Bank Foreclosure or has a Tax Lien Foreclosure?
Everyone remembers the housing market crash of that started roughly in 2006 and 2007 with home prices bottoming out in 2012.  Journal Square 2060 is starting to drive up prices for people in the Journal Square 2060