Hero Text

1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

REDEVELOPMENT LAWSUIT FILED IN CALIFORNIA

July 22, 2011

The California Redevelopment Agency Association and the California League of Cities have filed a lawsuit to overturn the part of the recently passed budget that effectively eliminated Redevelopment Agencies. Arguing the action violates Proposition 22, which specifically prevents State diversions of redevelopment funds, the groups say that without court action, vital local economic revitalization and job-creation projects will die. CBPA and a broad coalition of groups have opposed elimination of Redevelopment and continue to support the effort. Click here for details.

Leave a reply