CA Redevelopment Trailer Bill Provides At Least $725 Million for Housing

After six months of turmoil and policy debate, Democrats in the legislature and Governor Brown have reached agreement on legislation to clarify and modify various provisions of last year’s AB 26x, which dissolved redevelopment agencies. Both houses are scheduled to take up the bill Wednesday.  The governor is expected to sign AB 1484, which will take effect immediately as a trailer bill to the state budget.v  Based on preliminary calculations by legislative staff and Western Center on Law and Poverty, we estimate the bill’s provisions will result in at least $725 million in funding for housing development.

- SCANPH

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