A Community Redevelopment Agency (CRA) is a dependent agency established by the City government to reduce slum and blight of a designated area within its city limits. CRAs are governed by State Statutes, Chapter 163, Part III.
In 1969, Florida enacted legislation that enabled local governments to create community redevelopment districts and community redevelopment agencies to work in those districts. Most cities across the state of Florida have established CRA’s; Approximately 140 CRA’s operating in Florida at this time.
In 1997 by adoption of Orange County Ordinance number 97-M-14, the Town of Eatonville created the Community Redevelopment Agency whose charge was to prepare a redevelopment plan, implement planned projects and obtain the necessary funding.
The Town of Eatonville Community Redevelopment Agency is funded through Tax Increment Financing (TIF).