More than $2 billion has been cut from redevelopment programs in California's budget, which many say will exacerbate the building slowdown in the state.
"But a $2.1 billion cut to redevelopment funds-$1.7 billion for the current fiscal year, plus $350 million to be cut next year-will have a major impact on the design and construction industries, and could be the deciding factor in whether projects, both stalled and shovel-ready, go forward. To make matters worse, opponents of the cuts believe that delays will deepen the recession, further depressing development prospects."
Architects are expected to feel the pain, as projects stall and new project dry up.
Read the full story: California Nightmare
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
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City of Thousand Oaks
City of Wisconsin Rapids
Harvard University Graduate School of Design
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello