Redevelopment Agencies in California

Redevelopment Agencies in California
Title Redevelopment Agencies in California PDF eBook
Author
Publisher
Pages 244
Release 1991
Genre City planning
ISBN

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Annual Report of Financial Transactions Concerning Community Redevelopment Agencies of California

Annual Report of Financial Transactions Concerning Community Redevelopment Agencies of California
Title Annual Report of Financial Transactions Concerning Community Redevelopment Agencies of California PDF eBook
Author
Publisher
Pages 1132
Release 1994
Genre Community development
ISBN

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Subsidizing Redevelopment in California

Subsidizing Redevelopment in California
Title Subsidizing Redevelopment in California PDF eBook
Author Michael Dardia
Publisher Public Policy Instit. of CA
Pages 123
Release 1998
Genre Cities and towns
ISBN 0965318486

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Redevelopment Agencies in California

Redevelopment Agencies in California
Title Redevelopment Agencies in California PDF eBook
Author
Publisher
Pages 246
Release 1991
Genre Housing development
ISBN

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Community Redevelopment Agency of the City of Los Angeles, California

Community Redevelopment Agency of the City of Los Angeles, California
Title Community Redevelopment Agency of the City of Los Angeles, California PDF eBook
Author Community Redevelopment Agency of the City of Los Angeles
Publisher
Pages 20
Release 1971*
Genre Bunker Hill (Los Angeles, Calif.)
ISBN

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California Supreme Court Decides to Eliminate Redevelopment Agencies

California Supreme Court Decides to Eliminate Redevelopment Agencies
Title California Supreme Court Decides to Eliminate Redevelopment Agencies PDF eBook
Author Tarnvir Hundal
Publisher
Pages 43
Release 2014
Genre City planning and redevelopment law
ISBN

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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

Statewide Redevelopment Agencies
Title Statewide Redevelopment Agencies PDF eBook
Author California. Bureau of State Audits
Publisher
Pages 52
Release 1996
Genre Community development, Urban
ISBN

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