Coral Springs Redevelopment Agency Tentatively Backs $7.5 Million in Public Improvements for New City Village Project

The Coral Springs Community Redevelopment Agency has tentatively agreed to provide up to $7.5 million in public infrastructure support for the first phase of City Village, a mixed-use development planned for the former City Hall site. In a vote on Monday, CRA board members authorized moving forward with drafting a legal agreement that would fund…

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CRA Considers Allowing Owners of Larger Parcels to Apply for Demolition Grants

The South Cape Community Redevelopment Agency is starting discussions to change its demolition grant incentive to include larger parcels. City Manager Michael Ilczyszyn, who also acts as the CRA’s executive director, said when they initially set forward the Demolition Grant program it was geared mostly towards getting spots of blight demolished. “Speaking with the first-ever…

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New Projects in the Palmetto CRA

PUBLIC PRIVATE PARTNERSHIP – Workforce Housing The Palmetto Community Redevelopment Agency (CRA) in partnership with ReEnvision Palmetto LLC, will be focused on facilitating the development of both for-rent and for-sale affordable housing units. This partnership is unique in that, rather than providing direct financial subsidies to reduce costs for affordable and workforce housing, the CRA’s…

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City Creates Sinking Funds for CRA Maintenance and Love Park Development

In a recent meeting of the Bradenton Community Redevelopment Agency (CRA), officials discussed the establishment of sinking funds aimed at ensuring the long-term maintenance of redevelopment projects. This initiative is crucial as it addresses a common challenge in urban development: the sustainability of improvements once initial funding has been exhausted. The CRA’s plan involves creating…

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