USC Law Professor and former chair of the city and county planning commissions, George Lefcoe, argues against the use of tax-increment financing for LA's Staples Center development.
Redevelopment, and the financing of redevelopment projects, is one of the more controversial and political topics in the region. Through tax-increment financing, the city has the ability to draw funds from the county to invest in designated redevelopment zones. TPR is pleased to present this interview with George Lefcoe, USC School of Law Professor and former chair of both the City and County Planning Commissions, in which he argues that current law regarding tax-increment financing for redevelopment is less than optimal for both the city and the county.
Thanks to Larry Segal
FULL STORY: George Lefcoe Critiques LA CRA Staples' Development 'Tax-Grab'
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