Search

Subscribe

R Street. Free markets. Real Solutions. R Street. Free markets. Real Solutions.
  • About
    • R Street Team
    • Financials
    • Logos
    • Coalitions
    • Jobs
    • Contact Us
    • Store
  • Issues
    • Civil Society, Education and Work
    • Competition Policy
    • Coronavirus Policy Implications
    • Criminal Justice & Civil Liberties
    • Cybersecurity and Emerging Threats
    • Energy
    • Finance and Trade
    • Governance
    • Harm Reduction
    • Insurance
    • Technology & Innovation
    • State Policy
    • Federal Government Affairs
  • Research
    & Commentary
    • Policy Studies
    • Blog Posts
    • R Sheets
    • Explainers
    • R Street Responds
    • Podcasts
    • Books
    • Op-Eds
    • Regulatory Comments
    • Testimony
    • Congressional Letters
    • Coalition Letters
    • Amicus Briefs
  • Press
    • Press Releases
    • In the News
    • TV, Radio and Events
  • Events
  • Connect
    With Us
  • About
    • R Street Team
    • Financials
    • Logos
    • Coalitions
    • Jobs
    • Contact Us
    • Store
  • Issues
    • Civil Society, Education and Work
    • Competition Policy
    • Coronavirus Policy Implications
    • Criminal Justice & Civil Liberties
    • Cybersecurity and Emerging Threats
    • Energy
    • Finance and Trade
    • Governance
    • Harm Reduction
    • Insurance
    • Technology & Innovation
    • State Policy
    • Federal Government Affairs
  • Research
    & Commentary
    • Policy Studies
    • Blog Posts
    • R Sheets
    • Explainers
    • R Street Responds
    • Podcasts
    • Books
    • Op-Eds
    • Regulatory Comments
    • Testimony
    • Congressional Letters
    • Coalition Letters
    • Amicus Briefs
  • Press
    • Press Releases
    • In the News
    • TV, Radio and Events
  • Events
  • Connect
    With Us
Mar 25, 2020

R Sheet on Redevelopment Revival in California

Download PDF

Key Points

  1. 1) Redevelopment agencies were created in the 1940s to fight urban blight, but morphed into a way for local governments to divert property tax dollars from traditional services.
  2. 2) These agencies routinely abused eminent domain by taking private homes and businesses and giving them to developers who promised tax-generating projects.
  3. 3) Gov. Jerry Brown shuttered the agencies in 2011 as he sought to fill a budget hole.
  4. 4) Last year, Gov. Gavin Newsom cited fiscal concerns in vetoing SB 5, which would have tapped $2 billion a year and increased affordable housing earmarks to 50 percent.
  5. 5) A similar bill, SB 795, has been introduced this year. Given recent economic concerns, lawmakers should reject this latest redevelopment revival.

Steven Greenhut

Resident Senior Fellow and Western Region Director, State Affairs

Nick Zaiac

Associate Fellow

R Sheets

Related Publications

Oct 26, 2020
How Red State/Blue State Differences in Housing Might Tip the Election Jonathan Bydlak
Sep 14, 2020
‘War on suburbs’ is more about politics than reality Steven Greenhut
Sep 1, 2020
Legislatures are Giving Local Communities the Right Tools to End the Housing Crisis Antonia Passalacqua
R Street

1212 New York Ave. N.W., Suite 900
Washington, D.C. 20005

(202) 525-5717

[email protected]