Will my taxes rise as a result of creating a CRA?
No. A CRA does not levy taxes, it redistributes property tax payments that are already made to the city and county. It keeps a certain portion of the taxes within the CRA to be reinvested in specific redevelopment activities.

Show All Answers

1. What is a Community Redevelopment Area?
2. What is a Community Redevelopment Agency?
3. What is a Community Redevelopment Plan?
4. What is tax increment financing?
5. How does the CRA process work?
6. Why create a CRA?
7. Will my taxes rise as a result of creating a CRA?