Community Redevelopment Agency
Welocme to the City of Palatka Community Redevelopment Agency (CRA) website. The City of Palatka and the CRA recognize the importance of reinvigorating downtown Palatka, to create an economically sustainable and vibrant core area. Currenty the CRA has undertaken multiple projects. To see a list of current, past, and planned projects visit our projects page.
“Under Florida law (Chapter 163, Part III), local governments are able to designate areas as Community Redevelopment Areas 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 Area include, but are not limited to: the presence of substandard or inadequate structures, a shortage of affordable housing, inadequate infrastructure, insufficient roadways, and inadequate parking.”(Florida Redevelopment Association)
In 1983 the City of Palatka established a Community Redevelopment Area and Agency (CRA) to oversee redevelopment in the Downtown Palatka Area. This area is comprised of three separate Tax increment Finance (TIF) Districts, which include; the Central Business District, North Historic District, and the South Historic District. In 2012 the CRA was extended for thirty (30) years.
Each year the Palatka CRA is empowered by Chapter 163 of the Florida Statutes to receive Tax Increment Revenues generated by the properties within the redevelopment area. These revenues are used to fund various CRA programs and improvements intended to facilitate in the revitalization of Downtown Palatka, the North Historic District, and South Historic District. For a list of programs, please use the dropdown menus in the navigation bar above. Programs can be found under their respective districts.
Phone: (386) 329-0103 ext. 325
Address: 201 North Second Street, Palatka, FL 32177