Redevelopment Bill Dies But Housing Bills Move Forward

In what has become a nearly annual ritual, the legislative session has claimed its first major land-use victim, and its a familiar one: tax-increment financing. Assembly Bill 2945, the Reconnecting Communities Redevelopment Act, would have funded infrastructure projects from tax increments collected from immediate surrounding communities and administered by state-approved local agencies. It was but the latest version of redevelopment proposed in California; its recent demise in the Assembly Appropriations Committee ignominiously adds to the number of times the policy has died. 

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