CRA Programs & Incentives

The Stuart Community Redevelopment Agency (CRA) offers a variety of incentive programs designed to bolster redevelopment in the Stuart Community Redevelopment Area (Stuart CRA). The objective of the incentives is to attract private investment, encourage economic growth, job creation, and enhance the quality of life for citizens within the Stuart CRA. Incentives are available to assist property owners, developers, and businesses with new construction projects or to make improvements on existing non-residential and mixed-use projects. Incentives for exterior home improvements are also available. Click here to learn more.

Please note that all benefits are contingent upon funding availability and CRA/City of Stuart Board approval.

  1. Commercial Program Incentives
  2. Housing & Social Services Programs
  3. Stuart Main Street
  4. SOLAR

BUSINESS IMPROVEMENT GRANT PROGRAM

The Business Improvement Reimbursement Grant Program is an incentive program to assist commercial property owners with exterior façade improvements in the Stuart CRA. The program provides a reimbursement of 50% of the total project costs up to $10,000. Exterior improvements include, but are not limited to; new awnings, balconies, porches, entryways, arcades; replacement of pole signs; exterior wall repair; restoring or enhancing the façade elevation; parking lots, driveways, walkways, and streetscaping. The application period starts on October 1st. Funding is subject to availability and approval by the CRB and CRA Boards. Please contact the CRA Administrator for the application deadline as it may vary. Apply now!

MURAL MATCHING GRANT PROGRAM

The Mural Matching Grant Program provides financial assistance to create murals on an exterior wall that is visible from the public right of-way or parking lot. The program is available to private property owners limited to commercial and mixed-use buildings within the Urban District, East Stuart District and “The Creek” Arts & Entertainment District. The program provides a reimbursement of 50% of the mural artwork up to $3,000. This grant program is available year-round. Funds are distributed on a first-come, first served basis. Funding is subject to availability and approval by the CRB and CRA Boards. Apply now!

REAL ESTATE DEVELOPMENT ACCELERATOR (REDA) PROGRAM

The Real Estate Development Accelerator Program is available for property owners and developers who make substantial capital investments/total project cost of one million dollars ($1,000,000) or more to an existing property or the development of a new construction project located in the Stuart CRA area. The incentive provides for a reimbursement of up to 50% of the future tax increment revenue for a maximum of five (5) years. Eligible projects include, but are not limited to: economic development projects, repurposing an existing building, mixed-use development, multi-family, off-site improvements, and extraordinary development costs. Apply now!

WAYFINDING SIGNAGE PROGRAM

The City of Stuart Downtown Wayfinding Signage Program is created to make it easier for visitors, primarily pedestrians, to find downtown businesses. This is a two-phase program. Phase I was implemented in the Old Downtown District. The second phase includes extension of the boundary for Phase I and implementation of Phase II along S Colorado Avenue. See attached boundary map and proposed pole locations in Phase II. Apply now!

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