Southeast Overtown Park West Community Redevelopment Agency

the southeast overtown / park west community redevelopment agency (“cra”) is one of three community redevelopment agencies within the municipal boundaries of the city of miami. the cra was created in 1982 to promote and encourage the redevelopment of the overtown and park west communities (redevelopment area). the main objective of the cra is to spearhead new development and redevelopment efforts that accomplish beneficial revitalization within its boundaries. our mission: the cra’s main mission is to enhance the quality of life, improve the public health, safety, morals and welfare of the residents and stakeholders in the redevelopment area. the agency is funded through a unique financing tool called tax increment financing, 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 it residents. su