The Community Redevelopment Agency of the City of Palmetto, Florida (CRA) is a dependent special district of the City. Its public purpose is the reduction and/or elimination of slum and blight within its area.
The CRA does this through its various incentive programs such as:
- Tax Increment Reimbursement Incentives
- Commercial Façade Improvement Program
- Residential Rehabilitation Program
- Heavy Commercial/Industrial Redevelopment Incentives
- Downtown Commercial Core Redevelopment Incentives
- General Commercial Redevelopment Incentives
We also support important initiatives that helps our community thrive such as the Palmetto Bay Oyster Restoration Project.
Additionally, the CRA is committed to work with citizens and businesses to revitalize the city of Palmetto. We also partner with organizations to bring festivals and events to Palmetto residents.
CRA Plan
The CRA is restricted to using its funds only toward items that appear in the current CRA Plan. This plan is updated about every five years.
Sunset Date
The CRA is planned to sunset in 2042.