The Community Redevelopment Agency (CRA) has contributed to twenty-eight projects in 2018, twenty-four of which are in Frenchtown/Southside and four of which are downtown. At a recent CRA Board Meeting, the Executive Director, Roxanne Manning, summarized the status of the large projects approved over the last two years. The first project, and the largest one […]
Even though members of the Community Redevelopment Agency had previously indicated they would not fund any more student housing projects, the members voted 6-1 at their last meeting to give grants totaling $325,000 to two student housing projects. Grants are monies that do not have to be repaid. Roxanne Manning, director of the CRA, told […]
At the January 25th, 2018 Community Redevelopment Agency (CRA) meeting, the Board voted to approve changes to the North American Properties (NAP) Cascades project which will result in an additional $1.9 million in tax incentives. The CRA had previously approved tax incentives totaling $13.8 million for the downtown project. The change was due to the […]
The closeout of the 2017 budget for the Community Redevelopment Agency (CRA) shows that personnel expenses have increased approximately 66% over the last four years. During this period personnel expenses increased from $330,286 in 2013 to $547,872 in 2017. The growth in CRA personnel expenses is approximately nine times the growth rate of personnel expenses […]