The one-hour session will feature Dan Carrigg, the League’s senior director of legislative affairs and Betsy Strauss, special counsel, who both worked on advancing this legislation. The two will provide a brief explanation of the new Community Revitalization Investment Authority tool to help cities in consider if it would be helpful to their community.
AB 2 (Alejo and Garcia) provides new authority to revitalize disadvantaged communities through planning and financing infrastructure improvements and upgrades; economic development activities; and affordable housing via tax increment financing based, in part, on the former community redevelopment law.
With Gov. Jerry Brown’s recent signature, city officials are asking questions about this new tool, its similarities with former redevelopment authority, and key differences with last year’s adopted Enhanced Infrastructure Finance Districts.
The League has prepared an analysis of AB 2, which is available on the League’s website
Oct. 12 at noon is the registration deadline. Webinar log-in information will be sent later that afternoon. The League will allow two connections per city to provide easier access to members.
The webinar is free for member cities and League partners. Non-member cities will be charged $100 per log-in.
For registration questions, please contact Megan Dunn