Urban redevelopment plans to slow or stall in California, as Governor Jerry Brown slashes the budgets of redevelopment agencies in the state.
"'Redevelopment was probably the only thing that most communities had going through the recession,' said John Shirey, who leads the California Redevelopment Association.
But legislators said redevelopment won't die. Although agencies will surrender $1.7 billion in the new fiscal year, they'll lose just $400 million a year in future years, out of an annual budget of $5.5 billion.
'Anybody who's saying this wipes out redevelopment, this ends redevelopment, it's not true,' said Senate President Pro Tem Darrell Steinberg, D-Sacramento."
For cities like Sacramento, projects will have to find new sources of revenue to stay alive. For example, officials had already started trying to find a non-redevelopment source for a proposed new arena.
FULL STORY: Urban renewal plans in jeopardy
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City of El Paso
Ada County Highway District
Placer County
HUDs Office of Policy Development and Research
Mpact (formerly Rail~Volution)
Cornell University's College of Architecture, Art, and Planning (AAP), the Department of City and Regional Planning (CRP)
Lehigh Valley Planning Commission
City of Portland, ME
Baton Rouge Area Foundation