What is a Community Redevelopment Plan?

The Community Redevelopment Plan typically includes the overall goals of the Community Redevelopment Agency (CRA), as well as specific projects for that area. The Community Redevelopment Agency is responsible for developing and implementing such a plan (PDF) that addresses the unique needs of the targeted area. The Redevelopment Plan is based on the findings of the CRA’s Feasibility Study. It is a living document that can be updated to meet the changing needs within the CRA. However, the boundaries of the area cannot be changed without starting the process from the beginning.

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1. What is a Feasibility Study?
2. What is a Community Redevelopment Area (CRA)?
3. What is a Community Redevelopment Plan?
4. How is a CRA funded?
5. Who decides how CRA funds are spent?
6. How does Tax Increment Financing (TIF) work?
7. How does a CRA affect my property taxes?