Southeast Overtown / Park West Community Redevelopment Agency (“Seopw Cra”)

the cra’s main mission is to enhance the quality of life of residents within the redevelopment area by expanding the tax base, creating job opportunities, promoting dynamic economic growth, and fostering safe neighborhoods. in furtherance of this mission, the cra has implemented a variety of new development and redevelopment undertakings, mainly to increase accessibility to quality affordable housing for residents of low and moderate-income. the agency is funded through a unique financing tool called tax increment revenues, which earmarks a specific portion of property tax dollars collected by the city of miami and miami dade county. in turn, the cra reinvests these funds back into the redevelopment area by funding various projects that enhance the quality of life for its residents. such activities include, but are not limited to infrastructure upgrades, façade improvements, economic development incentive programs to attract new businesses to the redevelopment area, and the promotion