Category Archives: Recent Redevelopment News and Analysis

Subscribe to Recent Redevelopment News and Analysis RSS Feed

Redevelopment Strikes Back

After several failed attempts in previous years, the Legislature passed and the Governor signed AB 2 (Alejo) on September 22, 2015. (Stats. 2015, ch. 319.) AB 2 authorizes a new structure for tax increment financing—the planning and financing tool that redevelopment agencies (RDAs) had used to support revitalization projects until 2012, when California dissolved the … Continue Reading

Governor Signs Off on New Tax-Increment Financing Structure

On September 29, Governor Brown signed legislation that is seen as creating a robust new financing tool which will expand the existing mechanism of Infrastructure Financing Districts (“IFDs”) and replicate some of the functions of the state’s abolished local redevelopment agencies.  SB 628 (Beall; D-San Jose) authorizes local officials to create Enhanced IFDs and issue … Continue Reading

Redevelopment: Rising From The Ashes Or Final Death Rattle?

By Phillip Tate and Michael Kiely Two cases filed in Sacramento County, City of Cerritos v. State of California and Syncora Guarantee Inc. v. State of California, have challenged the constitutionality of AB 1X 26, the 2011 bill that provided for the elimination of redevelopment in California. While the California Supreme Court previously upheld the … Continue Reading

State Cancellation of Redevelopment Agencies May Affect You!

By Michael Kiely and Phillip Tate On December 29, 2011, legislation to dissolve all redevelopment agencies became effective when the California Supreme Court released its opinion in California Redevelopment Association v. Matosantos, challenging the Legislature’s adoption of AB 1X 26, providing for elimination of California redevelopment agencies (RDAs), and AB 1X 27, exempting from elimination … Continue Reading

Update On Redevelopment Law: The Supreme Court Makes it Official – Redevelopment Is Dead In California

By Michael Kiely and Phillip Tate The California Supreme Court released its opinion today in California Redevelopment Association v. Matosantos, challenging the Legislature’s adoption of AB 1X 26, providing for elimination of California redevelopment agencies (RDAs), and AB 1X 27, exempting from elimination any RDA that agrees to make its share of a $1.7 billion … Continue Reading

Sheppard Mullin’s Michael Kiely Interviewed on the Ramifications of Redevelopment Legislation

Michael Kiely, a partner in the Real Estate and Land Use and Natural Resources Practice in the firm’s Los Angeles office, participated in an interview via podcast about the Redevelopment Agency dissolution and reinstatement bills as well as the Supreme Court’s recent hearing of the arguments in the case.  The discussion focused primarily on Michael … Continue Reading

Update On Redevelopment Law: Litigation Proceeds – Uncertainty Continues

This is the fourth in a series of blog entries monitoring the proposed elimination of redevelopment agencies. By Michael Kiely and Phillip Tate True to their promise, the California Redevelopment Association, or CRA, and the California League of Cities, or CLC, petitioned the California Supreme Court on July 15, 2011 for a writ of mandate … Continue Reading

Update On Redevelopment Law: Governor Signs Trailer Bills To End Redevelopment Agencies Unless They Make Payments – Uncertainty Continues

This is the third in a series of blog entries monitoring the proposed elimination of redevelopment agencies. By Michael Kiely Governor Jerry Brown has approved the "all cuts" 2011-2012 budget for the State of California, in the process signing the two trailer bills, ABX1 26, providing for elimination of California redevelopment agencies, called RDAs, effective … Continue Reading

Update On Redevelopment Law: Legislative Two Step To Cut Redevelopment Agency Funding Goes Down With Governor’s Budget Veto

This is the second in a series of blog entries monitoring the proposal to eliminate redevelopment agencies. By Michael Kiely Yesterday, after heated and reportedly almost violent debate, both houses of the California State Legislature voted to pass ABX1 26, which would eliminate California redevelopment agencies, called RDAs, effective October 1, 2011, and ABX1 27, … Continue Reading

Update on Redevelopment Law: No News Is…No News

This is the first in a series of blog entries monitoring the proposal to eliminate redevelopment agencies and describing alternative public funding sources for redevelopment projects. By Michael Kiely After much discussion, debate and lobbying in the last three months, the fate of California’s redevelopment agencies is still uncertain. Legislative bills to eliminate the agencies, … Continue Reading
LexBlog