The Community Redevelopment Agency — the joint Leon County and city of Tallahassee body tasked with improving blighted areas — will spend millions to help build retail space, put on downtown and south side special events and complete street infrastructure next year.
The CRA board, consisting of county and city commissioners, passed the agency’s $7.2 million budget on Thursday. It includes about $4.2 million for the Greater Frenchtown/Southside Community Redevelopment Area and nearly $3 million for the Downtown Community Redevelopment Area.
Funding for the CRA comes from taxes generated by increases in city and county property values.