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!