The Community Development Authority consists of 7 members appointed by the Mayor and confirmed by the Common Council.
The Community Development Authority is authorized to transact business and exercise any and all powers, duties, and functions set out in Sections 66.40 and 66.431 of the Wisconsin Statutes for housing and redevelopment authorities.
Upon proper resolution of the Common Council, the CDA acts as agent of the City in planning and carrying out any community development programs and activities approved by the Mayor and the Common Council under the Federal Housing and Community Development Act of 1974, and to perform all acts, except the development of the general plan of the City, which may be otherwise performed by the City Plan Commission under certain sections of the Wisconsin Statutes.
Power to issue revenue bonds to provide financing for Qualified Redevelopment Projects to be constructed by private developers, including by way of illustration but not limitation, the following public benefits: the elimination or prevention of substandard, deteriorated, unsanitary and blighted areas; the provision and retention of gainful employment opportunities for the citizens of the City; an increase in the City's tax base; and the stimulation of the flow of investment capital into the City with resultant beneficial effects upon the economy in the City.