Real Estate/Development
May 6, 2003
Waiting for the Ax to Fall
BY CHRISTINE MALAMANIG CREJ Staff Writer Redevelopment agencies throughout the state are struggling with how to bring more business and housing to their areas when the 2003-04 state budget could cut into a large portion of their funding and their ability to move forward with new projects.
CREJ Staff Writer
Redevelopment agencies throughout the state are struggling with how to bring more business and housing to their areas when the 2003-04 state budget could cut into a large portion of their funding and their ability to move forward with new projects.
In January, Gov. Gray Davis proposed diverting $250 million in redevelopment funds to education and had planned a midyear take back of $500 million in redevelopm...
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