In 1988 the City Council adopted a "Finding of Necessity" consistent with s. 163.355, Florida Statutes determining that blighted areas did exist within one or more areas of the City of New Port Richey. The relevant blighted areas known as the "Community Redevelopment Area, were designated by Resolution 88-25.
In 2000, at the request of the Community Redevelopment Agency and direction of City Council, City Staff compiled/completed a review of the City showing that blighted areas exist outside the existing Community Redevelopment Area. In 2001, City Council adopted the "2000 Assessment of Need."
On June 5, 2001, City Council adopted Resolution 01-05 amending and modifying the Community Redevelopment Area and Plan to, among other matters, expand the boundaries and add land.
In 2020, City Staff has identified certain deed restricted communities, identified as “Woodridge Estates” and “Briar Patch,” which no longer meet the definitions of “Slum Area” or “Blighted Area” as defined in F.S. 163.340 (7) and (8) and recommend removal from the designated Community Redevelopment Area.
These neighborhoods are "Woodridge Estates" and "Briar Patch." The total number of parcels removed will be 372 parcels. Combined, these parcels had taxable value of $15,058,839 in 2001 and $19,428,365 in 2019. This equates to income to the TIFF of approximately $67,901 in 2019.
On June 4, 2020, the Land Development Review Board of the City of New Port Richey, Florida as the local planning agency of the City determined that the proposed amendment to the Community Redevelopment Area Plan and map conformed to the comprehensive plan for the City as prepared by the local planning agency under the Community Planning Act and recommended the adoption of the amendment to the Community Redevelopment Area Plan.