The Ocala Community Redevelopment Agency (CRA) was established in 1988 after a finding of necessity was adopted by the City Council for the Downtown Redevelopment Area. The original purpose of the CRA was to create a redevelopment framework in which the Downtown district would evolve into a more dynamic mixed-use area with a variety of activities including dining, entertainment, retail, cultural, office, financial, residential, and governmental uses. The Ocala CRA now contains four (4) subareas as defined below.
- Downtown Redevelopment Area was designated as part of the community redevelopment area pursuant to Resolution No. 88-52 adopted May 24, 1988.
- North Magnolia Redevelopment Area was designated as part of the community redevelopment area pursuant toResolution No. 2000-07 adopted November 2, 1999.
- West Ocala Redevelopment Area was designated as part of the community redevelopment area pursuant to Resolution No. 2016-10 adopted November 17, 2015.
- East Ocala Redevelopment Area was designated as part of the community redevelopment area pursuant to Resolution No. 2016-32 adopted May 17, 2016.
Each of the four subareas of the Ocala CRA have their own separate trust fund. The money collected within the boundaries of each subarea is deposited into the associated trust fund. Expenditure of trust fund money must be done within the subarea from where it was generated.
Location and Boundaries of Ocala CRA Sub-areas
Citywide Map showing boundaries of all subareas
Downtown CRA Map
North Magnolia CRA Map
West Ocala CRA Map
East Ocala CRA Map