The American Latin Market in Boynton Beach, FL is a community redevelopment agency (CRA) that focuses on revitalizing and improving the designated CRA area. Governed by a board of elected officials, the CRA works to address the unique needs of the targeted area through redevelopment plans and projects, such as streetscape improvements, downtown and waterfront revitalization, and incentives for fa ade and structural enhancements.
With a mission to enhance property values and increase property tax revenues, the CRA utilizes tax increment financing (TIF) as a funding source to stimulate redevelopment activities without raising taxes. The American Latin Market aims to create a vibrant and thriving community by improving infrastructure, providing affordable housing, and transforming deteriorated areas into attractive and economically viable spaces.
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