Rebirth of Redevelopment in California: Impairing Private Property Rights or Revitalization?
In a 63-13 vote, Assembly Bill 2, authored by Assemblyman Luis Alejo, D-Salinas, passed in the California State Assembly last week. The bill allows for so-called “Community Revitalization Investment Authorities” – essentially redevelopment agencies with a different title – to acquire private property through eminent domain and make it available to big developers with the… Read more »
Redevelopment Is Back in California
Back in 2011, Governor Jerry Brown abolished redevelopment agencies in California successfully gaining $1.5 billion of the redevelopment funding to close California’s budget gap. Recently, three bills have reached the Governor’s office in an attempt to revive redevelopment in California. Gov. Brown has signed two of those bills, Senate Bill 628 and Assembly Bill 229,… Read more »