Putting Economic Development Projects Back on Track

Wednesday, April 15, 2015

Assemblymember Bloom, joined by Jonathan Leonard with the City of West Hollywood, presented legislation that would free up approximately $750 million in redevelopment proceeds statewide that have been held hostage by the state since redevelopment agencies were dissolved in 2011. The bill, AB 974, passed the Assembly Local Government Committee on a 5-3 vote on April 15, 2015.