What happened to California redevelopment agencies?

California’s redevelopment agency idea just won’t go away. In 2011, the state’s 400 agencies (RDA) were shuttered by then-Governor Jerry Brown following negative press and budgetary shortfalls caused by the recession.

When were redevelopment agencies dissolved in California?

February 1, 2012
Effective February 1, 2012, the State of California ceased oper- ating local redevelopment agencies (RDAs), which had operated since the end of World War II. In recent times, these agencies served as an important component of the affordable housing development landscape in California.

When were redevelopment agencies dissolved?

As part of the 2011 Budget Act, and in order to protect funding for core public services at the local level, the Legislature approved the dissolution of the state’s 400 plus RDAs. After a period of litigation, RDAs were officially dissolved as of February 1, 2012.

What is California redevelopment Law?

California Redevelopment Law In 1945, the California Legislature enacted the Community Redevelopment Act to assist local governments in eliminating blight through development, reconstruction, and rehabilitation of residential, commercial, industrial, and retail districts.

Are California’s redevelopment agencies coming back?

California’s redevelopment agency idea just won’t go away. In 2011, the state’s 400 agencies (RDA) were shuttered by then-Governor Jerry Brown following negative press and budgetary shortfalls caused by the recession. But as public coffers refilled again due to California’s economic boom, legislators have explored ways to bring RDAs back.

Why did Governor Brown end RDA?

He found that the agencies had stripped $40 billion from public education, causing a bailout from the state’s general fund; that every RDA audited was found to have reporting deficiencies; and that some weren’t appropriately tracking their debt. For these reasons, Governor Brown ended them in 2011 – a decision that proved to be half-hearted.

When did Governor Brown end eifds in California?

For these reasons, Governor Brown ended them in 2011 – a decision that proved to be half-hearted. In 2014, he signed legislation to allow EIFDs, the entities that Governor Newsom wishes to increase funding for.

Is ab 11 a replica of the former redevelopment agencies?

The past abuses of redevelopment were substantial, but AB 11 is not a replica of the former redevelopment agencies. Our bill requires that affordable housing funds be spent in a timely manner and has robust reporting requirements.