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Redevelopment on its Deathbed

As lawmakers in California wrangle over the state's budget, redevelopment agencies appear to be days away from being killed.
March 22, 2011, 8am PDT | Nate Berg
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Bill Fulton offers an analysis of the future facing redevelopment as lawmakers meet this week to iron out the budget. He says two possibilities exist:

"Either the Republicans and Democrats strike a budget deal and there's an overwhelming vote to kill redevelopment, or the Democrats bring the idea back in a way that allows a simple-majority vote and kill it separate from the overall budget deal. Either way it looks dead. "

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Published on Friday, March 18, 2011 in California Planning and Development Report
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