Infrastructure Financing Districts
Los Angeles officials are hoping to create an "Infrastructure Financing District" (i.e., tax increment financing) to help finance ambitious goals for revitalizing and restoring the Los Angeles River.
Los Angeles Times
Although the state's legislators were ready to move on from the closure of CA's redevelopment agencies by approving several bills designed to replace aspects of redevelopment or otherwise help cities, Governor Brown vetoed each one over the weekend.
California Planning & Development Report