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LA CRA Expanding Influence

Posted by: Chris Steins
Thanks to: Chris Steins
4 July 2000 - 7:30am

Despite the recent loss of the huge San Fernando Valley redevelopment area, the Los Angeles Community Redevelopment Agency is quietly expanding its influence.

Despite a lack of confidence from the Los Angeles City Council and the closure of the 6,835-acre Northeast Valley redevelopment project area in recent weeks, the Los Angeles Community Redevelopment Agency (CRA) is seeking to create two new redevelopment project areas. The agency is considering a new downtown project and a project in San Pedro, as well as expanding or reviving several others. The proposals are contained in the agency's 2000-01- budget plan, which will be considered by the LA City Council in July. The LA Business Journal discusses the planned expansions in detail.

Full Story: CRA Looking to Expand Its Powers, Scope
Source: Los Angeles Business Journal, July 3, 2000
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