Jerry Brown signs new post-redevelopment bill

As reported by the Sacramento Bee:

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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.”

Brown also signed Senate Bill 107, which supporters said …

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  1. The key to this is the definition of “economically depressed areas”; the standards were pretty relaxed under the previous scheme.

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