By David Siders
September 22, 2015
- Legislation gives local agencies ways to pay for projects once funded by redevelopment
Four years after approving legislation that ended the anti-blight redevelopment program in California, Gov. Jerry Brown on Tuesday signed a bill giving local agencies a way to pay for similar projects.
Assembly Bill 2, by Assemblyman Luis Alejo, D-Watsonville, authorizes local governments in economically depressed areas to use certain tax revenue for public works and affordable housing improvements and to help businesses.
Alejo said in a prepared statement that the bill signing was a “major victory for our state’s most disadvantaged communities.”
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