About the SEOPW CRA
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. Pursuant to the Community Redevelopment Act of 1969, the CRA was created in 1982 to untertake activities and projects that would eradicate conditions of slum and blight.
OUR MISSION
This is who we are and what we do
The CRA’s main mission is to enhance the quality of life of residents within the Redevelopment Area by expanding the tax base, creating job opportunities, promoting dynamic economic growth and fostering safe neighborhoods. In furtherance of this mission, the CRA has implemented a variety of new development and redevelopment undertakings, mainly to increase accessibility to quality affordable housing for residents of low and moderate income.
The agency is funded through a unique financing tool called Tax Increment Revenues, 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.