Three years after the elimination of redevelopment agencies, Brooke Peterson and David Snow sound off in the SacBee urging Gov. Brown to sign AB 2280.
It’s time for locals to have some new economic development tools in their toolbox, they argue. “Losing redevelopment has harmed our local communities,” they write. “Infrastructure improvements, economic development and affordable housing came to a near standstill.
The bill by Assemblyman Luis Alejo (D-Watsonville), would allow local governments in the poorest areas of the state to establish Community Revitalization and Investment Authorities to collect tax increment.