Larger bribes needed

A bill to bring back redevelopment agencies — a controversial tool used to fund affordable housing at the local level — has stalled in the California Legislature.


The legislation would have created a new version of the program that was generating around $1 billion a year in so-called "tax increment financing" for affordable housing when it was eliminated in 2011.But prospects for the passage of "redevelopment 2.0" turned bleak when Gov. Gavin Newsom came out against the idea, even after he embraced it during his 2018 gubernatorial campaign.On Tuesday, Assemblyman David Chiu, D-San Francisco, said that he was holding his redevelopment legislation, Assembly Bill 11, until next year.Chiu's bill would have allowed cities and counties to designate a redevelopment zone, and, with state approval, redirect any new property tax money created in the zone toward infrastructure and affordable housing.

This has nothing to do with affordable housing, this has to do with legalizing bribes to local government agencies.   Contractors know this, homeowners know this, and it takes a constant effort to get the bribes on this subject exposed.  It is bribery from the start to end, legalized bribery and theft.