During a recent Lake Wales City Commission meeting, significant concerns were raised regarding the management of Community Redevelopment Agency (CRA) funds and ongoing housing projects, particularly the controversial Lake Alta development.

One resident expressed frustration over the lack of local builders for affordable housing projects, questioning the allocation of CRA funds to individuals outside the Lake Wales community. This sentiment was echoed by others who argued that the current approach does not address the pressing affordable housing crisis faced by local residents.

The Lake Alta project, which has faced repeated community opposition, was highlighted as a prime example of poor urban planning. Critics described the proposed development as an \"urban planning nightmare,\" citing inadequate space for essential services and the potential destruction of a historical neighborhood. The discussion revealed that the CRA had previously sold the property for $8,000, only for it to be purchased by developer J. Walter Holmes for $250,000, raising concerns about the financial implications for taxpayers. A proposal to expand the CRA area was met with strong opposition, with residents labeling the funds as \"funny money\" that lacks proper oversight and benefits.

Another speaker, Howard Davies, criticized the CRA for not ensuring that local residents benefit from housing initiatives, noting that many recipients of CRA-funded homes were from outside Lake Wales. He called for restrictions to ensure that local low-income families are prioritized in housing developments.

Susan Lethierry, a nearby property owner, expressed her discontent with the Lake Alta project, likening the situation to a recurring horror movie where community concerns are ignored. She urged the commission to focus on beautifying the area instead of pursuing contentious developments.

In a separate discussion, Al Ricky Smith, interim superintendent of Lake Wales Charter Schools, requested a suspension of debt payments owed to the CRA, arguing that the funds could be better utilized to support educational needs. The conversation surrounding this request highlighted the complex relationship between the CRA and local educational institutions, with some commissioners suggesting a complete forgiveness of the loan to support the charter school’s growth.

Overall, the meeting underscored a growing discontent among residents regarding the management of CRA funds and the direction of community development projects, with calls for greater accountability and prioritization of local needs.