13. Implementation Direction

Community Redevelopment Board · 2026-05-05 · agenda_item

The Community Redevelopment Board of the City of Panama City is reviewing statewide Community Redevelopment Agency (CRA) research. This research covers GAP funding, lending, and incentive programs used by CRAs across Florida. The review includes how CRAs use funding for private development, align with state laws, and compare to Panama City in terms of size and revenue. It also summarizes common program types like infrastructure investment and property improvement grants. This item is currently under review for informational purposes to help the board consider future strategic direction. While no specific project is detailed, the discussion may lead to future programs involving infrastructure, property improvements, and economic development incentives. Contractors, suppliers, and service providers interested in future CRA-supported projects should monitor board discussions and research outcomes to understand potential opportunities as funding strategies and program structures are considered.