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Government

Jan. 7, 2012

Bill aims to save affordable housing money

A bill recently introduced in the state Legislature aims to blunt the effects of a state Supreme Court ruling eliminating the state's roughly 400 redevelopment agencies on Feb. 1.


By Ben Adlin


Daily Journal Staff Writer


A bill recently introduced in the state Legislature aims to blunt the effects of a state Supreme Court ruling that eliminates redevelopment agencies.


Senate President Pro Tem Darrell Steinberg on Wednesday introduced Senate Bill 654, which would allow municipalities to permanently retain the portion of redevelopment dollars earmarked for affordable housing projects.


While the bill in its curren...

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