Latest Instagram
Latest Tweets
 

About the SEOPW CRA

What We Do

The Southeast Overtown / Park West Community Redevelopment Agency (“CRA”) is one of three community redevelopment agencies within the municipal boundaries of the City of Miami. The CRA was created in 1982 to promote and encourage the redevelopment of the Overtown and Park West communities (redevelopment area). The main objective of the CRA is to spearhead new development and redevelopment efforts that accomplish beneficial revitalization within its boundaries.

TOP 5 THINGS

you should know about the CRA

 

 

  1. Over $79 Million Invested in over 1,200 Affordable Housing Units
  2. Over $4.5 Million Invested in Job Training Programs
  3. Over $15 Million Invested in infrastructure and historic preservation projects
  4. Over $2 Billion Private/Public Partnership Projects underway
  5. Redevelopment efforts will create thousands of construction and permanent jobs

OUR MISSION

This is who we are and what we do

The CRA’s main mission is to enhance the quality of life, improve the public health, safety, morals and welfare of the residents and stakeholders in the redevelopment area.

 

The agency is funded through a unique financing tool called Tax Increment Financing, which earmarks a specific portion of property tax dollars collected by the City of Miami and Miami Dade County. In turn the CRA reinvests these funds back into the redevelopment area by funding various projects that enhance the quality of life for it residents. Such activities include, but are not limited to: infrastructure upgrades, façade improvements, economic development incentive programs to attract new businesses to the redevelopment area and the promotion and support of job creating initiatives.

 

The agency is governed by a CRA Board, whose members are City of Miami Commissioners. The board’s policies on redevelopment activities are implemented by the executive director.