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Community Redevelopment Area
Lake Alfred Community Redevelopment Area (CRA)
The City of Lake Alfred and the Lake Alfred community have identified improvements needed within the downtown area periphery. The Downtown Master Plan Process in 2011 identified the need for a CRA. The City completed and adopted a Findings of Necessity (PDF) (FON) Study in February 2014. In accordance with Chapter 163, Part III, Florida Statutes, the FON Study assesses conditions of slum and blight in a defined study area within the City of Lake Alfred. Based upon the findings the City established a Community Redevelopment Agency, defined the boundaries of the Community Redevelopment Area, and implement a Community Redevelopment Plan, for the purpose of fostering redevelopment activities and eliminating blighted conditions within the area.
Location of the CRA
Lake Alfred CRA Boundaries [PDF]
The Plan
Who Administers the Plan?
Lake Alfred Community Redevelopment Agency Board
CRA Authority
Lake Alfred City Commission
Polk County Board of County Commissioners
CRA Budget
- CRA Budget 2025-2026 [PDF]
- CRA Budget 2024-2025 [PDF]
- CRA Budget 2023-2024 [PDF]
- CRA Budget 2022-2023 [PDF]
Annual Report
Financial Statement and Audit Report
Fiscal Year End September 30, 2024 [PDF]
Fiscal Year End September 30, 2023 [PDF]
Fiscal Year End September 30, 2022 [PDF]
Fiscal Year End September 30, 2021 [PDF]
CRA Basics
Visit the Florida Redevelopment Association to learn:
- Community Redevelopment Agencies: What, When, and How
- What is a Community Redevelopment Area or District?
- What is a Community Redevelopment Agency?
- What is a Community Redevelopment Plan?
- What is Tax Increment Financing?
- How does the CRA Process Work?