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Redevelopment Funds

An illustration of REACH Ashland Youth Center in Alameda County. (REACH Ashland Youth Center)

Alameda County Youth Center Opens After Decade-Long Effort

The 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.

05/22/2013

An aerial view of the construction of the new San Francisco 49ers stadium in Santa Clara, February 5, 2013. (CBS)

Judge Rules For 49ers In Dispute Over $30M In Stadium Funds

A 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.

03/21/2013

A view of the construction of the new 49ers stadium in Santa Clara. (SF 49ers)

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.

10/30/2012

Hercules City Hall. (CBS)

$50M In Hercules Redevelopment Spending Questioned In Audits

Audits 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.

09/13/2012

downtown San Jose skyline

San Jose Redevelopment Agency Officially Out Of Business

It’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.

02/01/2012

Arendt House, San Francisco

California State Senate Leader Committed To Affordable Housing

State Senator Darrell Steinberg said the legislature is fully behind affordable housing, even with the state’s ongoing budget problems.

CONNECT WITH KCBS–04/08/2011

A model for the planned new stadium of the San Francisco 49ers in Santa Clara. (CBS)

Santa Clara Moves Forward With Stadium Money Plan

In 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.

CONNECT WITH KCBS–03/22/2011

A construction crane. (AP)

SF Projects In Doubt After Gov Works To Kill Redevelopment Agencies

Part 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.

CONNECT WITH KCBS–01/19/2011

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