Community Redevelopment Agency
What is a CRA?
A Community Redevelopment Agency is a dependent special district established pursuant to State law by the local government. The mission of the Cape Coral CRA is to enhance the South Cape and create a vibrant urban village. The CRA encourages public and private investments to encourage economic growth and improve the quality of life in the redevelopment area. The CRA Board of Commissioners directs CRA policy and programs. Cape Coral Interim City Manager Michael Ilczyszyn serves as the Executive Director of the CRA.
Why create a CRA?
A CRA focuses attention and resources on a specific area characterized by blight and disinvestment. By establishing a CRA, a City can take advantage of financial and planning tools provided under State law. These tools can help create programs and projects to foster private market investment in the CRA.