Tag Archives: SB 1156

Governor Brown Puts a Hold on Redevelopment Redo

17 Oct

The Governor has put the brakes on the Legislature’s attempts to develop new economic development tools in the wake of redevelopment’s dissolution. Continue reading

Redevelopment Redo

17 Sep

The State Legislature recently passed SB 1156, “a bill that would allow cities and counties to create Sustainable Communities Investment Authorities.” The bill now awaits the Governor’s signature at the end of the month. As we’ve noted, SB 1156 attempts to resuscitate elements of redevelopment after all of the state’s redevelopment agencies were shuttered last year. Hopes are high that Governor Brown will sign the new legislation. But is he likely to sign off on this redevelopment redo? Continue reading

Marching to a Post-Redevelopment Era

16 Jul

The shuttering of the state’s redevelopment agencies continues to unfold with the passage of Assembly Bill 1484 (AB 1484). The bill clarifies some procedural elements of redevelopment (RDA) dissolution, adds new regulations, and all-but-guarantees a showdown between local governments and the state as both grapple to allocate scarce tax resources.

The bill also, surprisingly, hints at one development strategy that the Legislature may adopt as we continue our march to a post-redevelopment era. Continue reading