Two and a half years after California shuttered its redevelopment agencies, cities are still grappling with the repercussions—from resolving the legal obligations of CRAs to searching for alternative methods of revitalizing areas in need.
Oct 15, 2014 The Planning Report
Via competing bills, California's Legislature is holding a surprisingly quiet debate on what redevelopment was for in the first place and what aspects of it may be worth reviving.
May 4, 2014 California Planning & Development Report
Larry Kosmont, CRE, President and CEO of Kosmont Companies, spoke with The Planning Report about tools for creating economic development in California without redevelopment agencies and traditional tax increment financing.
Mar 18, 2014 The Planning Report
After unceremoniously dispatching the state’s redevelopment agencies amidst California’s recent fiscal crisis, Governor Jerry Brown has formulated a new scheme for cities to achieve their redevelopment goals, but there's a catch.
Jan 13, 2014 California Planning & Development Report
When California's 400 or so redevelopment agencies were shuttered in 2012, cities lost an essential tool for funding affordable housing and economic development. A new white paper from the ULI recommends new tools to stimulate balanced growth.
Dec 18, 2013 The Sacramento Bee
When California shuttered its hundreds of local redevelopment agencies, many believed a new (if smaller) system for funding affordable housing and development in blighted areas would soon follow. Two years later, the state is still waiting.
Dec 9, 2013 California Planning & Development Report
Calif. Gov. Jerry Brown served two terms as mayor of Oakland. His attempts to bring more downtown housing to the city led him to veto an inclusionary housing bill that would have required developers to supply affordable housing or pay an in-lieu fee.
Oct 18, 2013 San Francisco Chronicle
Amid political demagoguery, a bill to help spur infill redevelopment and the creation of affordable housing in California, following the dismantling the state's redevelopment agencies, is advancing through the California legislature.
Aug 16, 2013 Frying Pan News
Larry Kosmont, CEO of Kosmont Companies, walks The Planning Report through the California Redevelopment Authority's liquidation timeline, with advice for the private sector on the State’s impending property divestment.
Apr 11, 2013 The Planning Report
Although the state's legislators were ready to move on from the closure of CA's redevelopment agencies by approving several bills designed to replace aspects of redevelopment or otherwise help cities, Governor Brown vetoed each one over the weekend.
Oct 1, 2012 California Planning & Development Report