Fearing the End, Redevelopment Agencies Go on Bond Spree
Facing possible dissolution, redevelopment agencies in California have gone on a bond-spree in the early months of 2011.
Municipal redevelopment agencies have sold almost $700 million in bonds so far this year, which is more than half of the amount of bonds issued in all of 2010, according to a new report from the state.
"The rush to market comes as the Legislature considers Brown's plan to eliminate the state's 400 redevelopment agencies and send much of the $5 billion a year in property taxes the agencies control to counties, schools and the state.
City officials have responded with fury, saying the plan will starve local economic development, halt affordable housing programs and cost jobs."
Published on Sunday, March 13, 2011 in
Topics
- Generative Codes Yield Better Plans
- Measuring the Effect of Zoning on Housing Prices
- Criticism of a Gas Station Proposed for the Philadelphia Waterfront
- 'The Future of Transportation Is Not About Inventions. It’s About Choices.'
- New Local Celebrity: Sinkhole Bus
- The Onion Satirizes New York's Fare Enforcement Techniques, Over Spending on Transit
- A Long-Range Transportation Plan for Ohio
- The Importance of Urban Tree Canopies
- Election 2019: Planning and Development Related Results Roundup
- Living in the Gentrified Version of Fort Greene, Brooklyn
- Minneapolis Officially Ends Single-Family Zoning; Change to Take Effect January 1
- Report: Greenpoint-Williamsburg Rezoning Sparked Growth
- Amtrak Continues Positive Gains in Revenue, Ridership
- What Would Cities Look Like if They Were Designed by Women?
- 'Rose Lane Project' Proposed to Prioritize Bus Improvements in Portland
- Tinkering With New Ride-Hailing Area Produces Results at LAX
- Pedestrian-Only 'Gaslamp Promenade' Considered in San Diego
- Political Deal Clears the Way for Waterfront Development in Cincinnati
- Walkable Neighborhoods Set the Stage for Upward Mobility, Study Says
- Urban Planning, Explained
