Community Redevelopment Agencies

Community Redevelopment Agencies (CRAs) are local government entities established to revitalize specific areas within a city or county. They focus on improving neighborhoods by funding projects such as infrastructure upgrades, affordable housing, transportation enhancements, and economic development. CRAs generate revenue through property taxes from rising property values in their designated districts, which they reinvest into the community. Their goal is to attract investment, reduce blight, and create vibrant, sustainable communities. While they operate independently of city governments, they collaborate closely to ensure development aligns with broader public interests.