CRA’s boost community redevelopment
The staff at The St. Augustine Record published an editorial rightfully supporting CRA’s that allow a local government to target an incremental increase in property taxes from an area for a certain period of time to erase blight.
In fact, CRA’s may well provide the biggest ever boost to much needed community redevelopment in many St. Johns County neighborhoods.
Residents do not pay more taxes, but the incremental increases go back into neighborhood improvements.
One of our CRA’s, Vilano’s streetscape, is just three months away from opening. A celebration is planned by the citizen and government partnership formed in 1999, St. Johns County and the Vilano Beach Waterfronts Main Street revitalization group.
Historic City Media photo credit: Kerry McGuire
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