ARTICLE · 25 JANUARY 2012

Post-Redevelopment: Emerging Alternatives For California Cities And Counties

Best Best & Krieger

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California’s economy is still suffering, local government is contracting, public financing is constrained and private debt and equity sources are scarce. Despite all this, economic development, affordable housing and infrastructure investment are still desperately needed and relevant in our communities.

United StatesGovernment, Public Sector

Seth Merewitz

Originally published on PublicCEO.com, January 2012.

California's economy is still suffering, local government is contracting, public financing is constrained and private debt and equity sources are scarce. Despite all this, economic development, affordable housing and infrastructure investment are still desperately needed and relevant in our communities.

The immediate challenge facing public officials in the wake of the Supreme Court's decision in California Redevelopment Agency v.Matosantos is how to develop these much-needed projects without the tools of traditional tax increment-based redevelopment, which has been the norm under the Community Redevelopment Law for the past 65 years.

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