North Miami Community Redevelopment Agency is an independent government agency tasked with eliminating slum and blight in a designated area. North Miami Community Redevelopment Agency is an independent government agency tasked with eliminating slum and blight in a designated area. The NMCRA does this by using increases in taxable values, for a limited period of time within a deteriorating area, to transform it into one that again contributes to the overall health of the community.
This transformation occurs through the various grants and incentives initiatives listed below:
- Commercial Rehabilitation and Beatification Grants
- Public Private Partnership Developments
- Infrastructure Improvements
- Neighborhood Improvement Programs
- Affordable, Workforce, Market Rate, Luxury, and Mixed-Income Housing
- Affordable/Workforce Housing Development and Renovation
- Transportation and Transit Developments
Every project must be approved by the NMCRA and is subject to funding availability.