As part of a coalition of more than 60 local governments, elected officials, business groups, and labor groups, environmental leaders, and affordable housing advocates, we have been working hard to stop the proposal to eliminate Redevelopment Agencies in California. This week, hundreds of stakeholders descended on the Capitol to attend three different hearings exploring both issues. We reaffirmed the value of redevelopment by communicating testimonies and success stories from various locations throughout the state, and provided examples of how such monies are used to provide jobs and stimulate local economies.
The battle continues next week with a joint hearing of the Senate Transportation and Housing and the Assembly Housing and Community Development Committees. They will be discussing “Redevelopment and Affordable Housing Finance.”
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