A Way Forward for Redevelopment in California?
Stepping back from the recent debates on how the billions of dollars made available by the elimination of the state's redevelopment agencies will be distributed, Fulton refocuses on what redevelopment is supposed to be about: "creating successful communities and neighborhoods throughout California."
A common denominator in the ongoing discussion over the future of redevelopment, both from those who were in favor of eliminating its most recent incarnation and those who were against, is that redevelopment will surely return to Californian cities in some fashion, albeit with diminished scale and increased oversight.
In the piece, Fulton introduces his recipe for redefining redevelopment based on three key ingredients:
1. Redevelopment should be used only for true revitalization.
2. California should cap the amount of tax-increment money that redevelopment agencies in the state can collect.
3. We should eliminate the requirement that to be redeveloped, an area must be officially deemed "blighted."