Close

Sun Subscriber Website Login






Please wait....

 
News Story
Updated: 04/21/2017 08:30:00AM

House advances bill giving power to state legislators for CRAs

Share this story:


By MITCH PERRY

Text Size:


A modified bill to put additional limits on Community Redevelopment Agencies (CRAs) advanced Wednesday in the House Government Accountability Committee.

Local governments use CRAs to promote affordable housing, economic development, health and safety in under-served neighborhoods. They hold a set percentage of property taxes paid by residents of a community, investing that money — also known as tax incremental funding (TIF) — back into the area.

You are currently not logged in
By logging in you can see the full story.

Subscribe to 
							the E-Edition
Get the Sun Delivered


ADVERTISEMENT