reprieve - A temporary delay or suspension of a punishment or undesirable situation, often granted as a mercy or to allow for further consideration.

The condemned prisoner was granted a reprieve by the governor, to the great relief of both him and his family.
rehabilitate - To renovate or repair something, such as a building, facility, person, or environment, to make it more usable or up to current standards.

The city invested in programs to rehabilitate the old industrial district, transforming it into a vibrant area for businesses and residents.