Since April 2007, the East Tampa Community Revitalization Partnership’s CRA has spent $1.699.355 million dollars in Tax Increment Finance (TIF) dollars purchasing properties in the East Tampa area.

To date, 14 properties have been purchased, with one still under negotiations and 5 with pending contracts.

East Tampa Development Manager, Ed Johnson, said their goal is the as it’s always been.

According to Johnson, $724,654.94 was spent in fiscal year 2007, $254,120.56 in fiscal year 2008, and $213,500 in fiscal year 2009.

One of the properties, 2808 Banza, was donated to the city.