Under Florida law (Chapter 163, Part III), local governments are able to designate areas as Community Redevelopment Agencies (CRA) when certain conditions exist. Since all the monies used in financing CRA activities are locally generated, CRAs are not overseen by the state, but redevelopment plans must be consistent with local government comprehensive plans.
Examples of conditions that can support the creation of a Community Redevelopment Agency include, but are not limited to:
Presence of substandard or inadequate structures
Shortage of affordable housing
Finding a Necessity
To document that the required conditions exist, the local government must survey the proposed redevelopment area and prepare a Finding of Necessity. If the Finding of Necessity determines that the required conditions exist, the local government may create a Community Redevelopment Area to provide the tools needed to foster and support redevelopment of the targeted area (PDF).