The mission of the Community Redevelopment Agency (CRA) is to aggressively pursue redevelopment and revitalization activities within the redevelopment area, with emphasis on providing more housing and cultural arts opportunities, improving long-term transportation needs and encouraging retail development.
The City of Orlando’s Community Redevelopment Agency (CRA) was created in 1980 by resolution of City Council pursuant to Part III, Chapter 163, Florida Statutes. A tax increment trust fund was established which serves as a revenue source for project and program activities plus maintenance of the streetscape infrastructure in the 1,664 acre redevelopment area.
Pursuant to the resolution, the seven members of the Orlando City Council serve as the members of the CRA. The CRA was established to reduce and eliminate slum and blight conditions within various areas of the City of Orlando.
The CRA follows the same fiscal year as the City of Orlando, October 1-September 30. The CRA does not impose any additional taxes or fees, but is rather funded by general ad valorem tax revenues generated from increases in property values within each CRA Area since its creation. As a Florida special district, a unit of special purpose local government, Part III, Chapter 112, Florida Statutes, provides general pertinent ethics rules applicable to the CRA.
The remaining regularly scheduled meetings of the CRA for 2019 will commence at 2:00 p.m. on December 9, 2019.
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