Redevelopment Funds

Alameda County Youth Center Opens After Decade-Long EffortThe state-of-the-art REACH Ashland Youth Center celebrated its grand opening Wednesday afternoon after a decade-long, youth-driven effort to improve the neighborhood.
Judge Rules For 49ers In Dispute Over $30M In Stadium FundsA judge in Sacramento has tentatively ruled that the San Francisco 49ers are entitled to $30 million in tax funds that Santa Clara voters approved earmarking for the team’s new stadium.
State Nixes Deal To Divert 49ers Stadium Redevelopment Funds The state of California has vetoed a $30 million deal between the San Francisco 49ers and Santa Clara County officials that would have allowed some of the money voters earmarked for a new stadium to be diverted to local schools.
$50M In Hercules Redevelopment Spending Questioned In AuditsAudits by State Controller John Chiang’s office reveal that close to $50 million in state redevelopment funds were appear to have been misspent by Hercules city officials between 2005 and 2010.
San Jose Redevelopment Agency Officially Out Of BusinessIt's official: redevelopment is dead in cities across California. San Jose, which identified the funds as its largest tool is being forced to deal with the loss of its once mighty redevelopment agency.
California State Senate Leader Committed To Affordable HousingState Senator Darrell Steinberg said the legislature is fully behind affordable housing, even with the state's ongoing budget problems.
Santa Clara Moves Forward With Stadium Money PlanIn a move that was not unexpected, the Santa Clara City Council is moving forward with its proposal to give upwards of $4 million for a new football stadium to the 49ers to possibly keep it from state officials.
SF Projects In Doubt After Gov Works To Kill Redevelopment AgenciesPart of Governor Brown's budget plan to use redevelopment funds to help fill California's deficit has many cities in the state rushing to lockup the money.
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