The Community Redevelopment Authority (CRA) was established by the Fairbury City Council in 2011 and is charged with the conservation and rehabilitation of substandard or blighted areas within the City. The Authority is a five ¬member board appointed to serve by the Mayor and City Council and may exercise all of the power and authority granted by State Statutes. The Authority utilizes several development tools to assist developers with commercial, industrial or residential projects within the four development areas it serves. Projects applying for CRA assistance must qualify by meeting certain criteria.
- The project must be located within an existing redevelopment area or an area eligible for a designation of blight as set forth by State Statute.
- The project must be located within a redevelopment area prior to the preparation of a Redevelopment Plan.
- The project must further the objectives of the City’s Redevelopment Plan for the area as well as the City’s Comprehensive Plan.