CRA Mission and Goals
The City of Memphis Redevelopment Agency was established to be a catalyst for the restoration of communities through removing blight and providing affordable housing. The CRA serves as a joint agency of Shelby County and the City of Memphis and was created as a stand-alone entity, with policies, procedures, accounts, board of directors and staff. Our community-based approach to the redevelopment of neighborhoods needing reinvestment relies on Tax Increment Financing (TIF) as an important and strategic tool for implementing the goals of the agency.
CRA Mission and Goals
The City of Memphis Redevelopment Agency was established to be a catalyst for the restoration of communities through removing blight and providing affordable housing. The CRA serves as a joint agency of Shelby County and the City of Memphis and was created as a stand-alone entity, with policies, procedures, accounts, board of directors and staff. Our community-based approach to the redevelopment of neighborhoods needing reinvestment relies on Tax Increment Financing (TIF) as an important and strategic tool for implementing the goals of the agency.