As redevelopment agencies face the chopping block in California, new legislation could allow tax increment financing districts to essentially replace them.
"The infrastructure financing districts are being revamped as possible replacements for redevelopment agencies - a major source of development financing for local governments that is now on the chopping block in Gov. Jerry Brown's proposed budget.
The bill, which recently passed the Senate, would repeal voter approval requirements currently needed to form infrastructure financing districts and issue bonds for them. The legislation also includes other reforms that would help them replace redevelopment agencies."
Proponents are hopeful that passage of the legislation would make it easier for cities and counties to fund local public projects.
FULL STORY: California TIFs May Be the New RDAs
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
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