- Community Development
- Planning & Development Services
- Community Redevelopment Agency (CRA)
- Community Redevelopment District
Community Redevelopment District
Community Redevelopment Districts (CRDs), also known as Community Redevelopment Areas (CRAs), are established by cities and counties to encourage redevelopment in areas where conditions such as substandard building structures, inadequate infrastructure such as roadways and drainage, or insufficient parking are limiting economic investment and development. Under Florida law (Chapter 163, Part III), local governments are able to designate areas as Community Redevelopment Areas when certain conditions exist. As a special district, the Community Redevelopment Agency operates under Florida State Statute Chapter 163, Part III Opens in New Window (Community Redevelopment) and Chapter 189 Opens in New Window (Uniform Special District Accountability Act).
Pinellas Park Community Redevelopment Plan
CRA FY20-21 to FY 24-25 CIP Five Year Plan
The activities and programs offered within a Community Redevelopment Area are administered by the Community Redevelopment Agency.
View CRA Board webpage.
The Community Redevelopment Agency is responsible for developing and implementing a Community Redevelopment Plan Opens in New Window that addresses the unique needs of the targeted area. The plan includes the overall goals for redevelopment in the area, as well as identifying the types of projects planned for the area.
Such projects typically include:
- Building construction or renovation
- Grants or loans to residences and businesses for improvements that enhance economic development and quality of life within the District
- New neighborhood parks
- Parking lots and parking garages
- Sidewalks and landscaping
- Transportation and drainage improvements
Tax Increment Financing
Tax increment financing is an important tool available to cities and counties to carry out these redevelopment activities. The dollar value of all real property in the Community Redevelopment Area is determined as of a fixed date, also known as the “frozen value.” Taxing authorities that contribute to the tax increment continue to receive property tax revenues based on the frozen value. However, any tax revenues from increases in real property value, referred to as “increment,” are deposited into the Community Redevelopment Agency Trust Fund and dedicated to improvements in the redevelopment area. Tax increment financing is thus tool to leverage public funds to promote private sector activity in the targeted area.
Creating a CRA
The major phases in the creation of a CRA are as follows:
- The first step is to adopt the Finding of Necessity, a field study that formally identifies the blight conditions within the established boundaries of the area.
- Next, a Community Redevelopment Plan must be developed and then adopted. The Plan should address the unique needs of the targeted area and include overall goals as well as identify programs and projects.
- Once a Redevelopment Trust Fund is established, it enables the CRA Board to direct the increase in real property tax revenue to the targeted area’s needs.
Ordinances & Resolutions
Pinellas Park Resolution 88-7 Opens in New Window – Finding of Necessity
Pinellas Park Resolution 88-76 - Creation of the Community Redevelopment Agency
Pinellas County Resolution 88-469 Opens in New Window – Delegation of Authority
Pinellas Park Ordinance 2046 Opens in New Window – Adoption of the Redevelopment Plan
Pinellas Park Ordinance 2047 Opens in New Window – Establishing a Redevelopment Trust Fund
Pinellas County Resolution 90-370 Opens in New Window – Approving Pinellas Park Community Redevelopment Plan
Pinellas County Ordinance 90-78 Opens in New Window – Creation of a Redevelopment Trust Fund
Pinellas Park Ordinance 2462 Opens in New Window – Reset of TIF Base Year
Pinellas Park Resolution 15-28 - 2015 CRA Recertification
Pinellas Park Resolution 2018-3 CRA Expansion FON - CRA Expansion Area Findings of Necessity
Pinellas Park Resolution CRA 2019-2 Opens in New Window - CRA FY 2019-20 Budget
Opens in New Window Pinellas Park Resolution CRA 2021-2 - CRA FY 2021-22 Proposed Budget
Resolution CRA 2019-3 Opens in New Window - CRA Plan Update
Pinellas Park Ordinance 4098 -- CRA Plan Update
Pinellas Park Resolution CRA 2020-4 - CRA FY 2020-21 Budget
Pinellas County Ordinance 20-34 - CRA Trust Fund Extension - Modification
Pinellas County Resolution 20-158 - CRA Operational Timeframe Extension and Expansion
Pinellas Park Ordinance 4134 - Community Redevelopment Plan Update, CRA Operational Time Frame Extension and Expansion
CRA Adopted Budget 2021-2022 - CRA Adopted Budget for 2021-2022
For more information view "CRA Basics", Adapted from the Florida Redevelopment Association.