Author: Publisher:
ISBN:
Category : City planning
Languages : en
Pages : 244
Book Description
Redevelopment Agencies in California
Author: Annual Report of Financial Transactions Concerning Community Redevelopment Agencies of California
Author: Publisher:
ISBN:
Category : Community development
Languages : en
Pages : 1132
Book Description
Subsidizing Redevelopment in California
Author: Michael DardiaPublisher: Public Policy Instit. of CA
ISBN: 0965318486
Category : Cities and towns
Languages : en
Pages : 123
Book Description
Redevelopment Agencies in California
Author: Community Redevelopment Agency of the City of Los Angeles, California
Author: Community Redevelopment Agency of the City of Los AngelesPublisher:
ISBN:
Category : Bunker Hill (Los Angeles, Calif.)
Languages : en
Pages : 20
Book Description
California Supreme Court Decides to Eliminate Redevelopment Agencies
Author: Tarnvir HundalPublisher:
ISBN:
Category : City planning and redevelopment law
Languages : en
Pages : 43
Book Description
This project consists of a study of the Redevelopment Agencies (RDAs) throughout California and the most recent actions from the Supreme Court shutting down more than 400 RDAs. Prior to the dissolution, RDAs "received over $5 billion in property tax revenues annually and had tens of billions of dollars of outstanding bonds, contracts, and loans." (O'Malley, 3) Due to the most recent ruling by the California Supreme Court, approximately 400 RDAs has been eliminated, leaving many questions unanswered. The purpose of RDAs was to promote local economic development in blighted urban areas. Redevelopment activities create jobs and expand businesses opportunities, provide housing for families most in need, and help reduce crime. However, many state audits throughout California concluded cities were not spending the RDAs funds correctly. On December 29, 2011, the Supreme Court upheld its decision in the California Redevelopment Association v. Ann Matosantos case, finding Assembly Bill X1 26 (AB X1 26). This meant RDAs throughout California had to "...freeze any new debt, loans, grants or acquiring any new assets or new contracts." (O'Malley, 9) The primary role of the successor agency is to make sure payments and any pending obligations with projects must be paid. An "Oversight Board" consist of seven members to assist as the successor agency. With the elimination of the redevelopment agencies leaves many worries for cities to see growth and job increases without the assistances of the state.
Statewide Redevelopment Agencies
Author: California. Bureau of State AuditsPublisher:
ISBN:
Category : Community development, Urban
Languages : en
Pages : 52
Book Description
Timely, Accurate, and Reliable
Author: California. Legislature. Senate. Task Force on Redevelopment Agencies' Affordable Housing ReportsPublisher:
ISBN:
Category : Housing
Languages : en
Pages : 52
Book Description
Author: 
Author: