Community Redevelopment Agency adds money to city’s coffers

The amount of money in the Fernandina Beach Community Redevelopment Agency’s account is set to double next year, thanks to tax revenue from the development of high-end townhomes in a specific 39.5 acre downtown area called the Community Redevelopment Area. The “blighted area,” of publicly...

  • The Harbor View townhomes that were built on South Third Street are expected to increase tax revenues in the downtown CRA to approximately $130,000 next year. ARTISAN HOMES
    The Harbor View townhomes that were built on South Third Street are expected to increase tax revenues in the downtown CRA to approximately $130,000 next year. ARTISAN HOMES
The amount of money in the Fernandina Beach Community Redevelopment Agency’s account is set to double next year, thanks to tax revenue from the development of high-end townhomes in a specific 39.5…

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