City of Compton

Mission Statement

The mission of the Community Redevelopment Agency is to support the City’s mission of creating a viable, affluent, self-reliant and safe community by causing the resurgence of Compton’s physical, economic, and social development through dynamic growth achieved by commercial, industrial and residential progress.

Overview

The Community Redevelopment Agency serves as the economic development arm of the City for rebuilding and generating economic vitality in the community. The overriding objective of the Agency is to implement the Council’s policy of fostering growth by utilizing tax increment revenues, in combination with state and federal resources; providing physical and social infrastructure to stimulate growth; and providing gap financing options to attract private investment for retail and residential development, as well as job development, in the community.