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Community Revitalization and Investment Authorities (CRIAs)

Perkins Coie

CERCLA Contribution Action Not Barred by Claim Preclusion

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Contribution claims brought under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) are not barred by prior environmental litigation if the property at issue and types of claims brought are...more

Holland & Knight LLP

What's Old, What's New And What Works: Infrastructure And Affordable Housing Financing In The Post-Redevelopment Era - Corner...

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This is the fourth edition in an ongoing series of "Corner Briefings" highlighting urban infill legal tools and opportunities. These updates identify new legal cases, legislative updates, grant opportunities and other urban...more

Nossaman LLP

Is Redevelopment Quietly About to Grow in California?

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Redevelopment has quite the lengthy history in California. Yet it has generally been “All Quiet on the Western Front” since redevelopment agencies were abolished in 2011 as part of Governor Brown’s plan to fix the state’s...more

Holland & Knight LLP

West Coast Real Estate Update: May 2016 #2

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San Francisco Requires Solar Panel Installation on New Buildings - Last month, the City of San Francisco passed an ordinance requiring all new buildings to include solar energy systems. California law currently requires...more

Burr & Forman

South Carolina Economic Development Incentives: Job Development Credit

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South Carolina offers many statutory and discretionary incentives to promote capital investment and job creation in our state. The Job Development Credit (“JDC”) is a discretionary credit, applied through and approved by the...more

Katten Muchin Rosenman LLP

Recent Affordable Housing Developments in California and the Los Angeles Region

There are several recent developments in California and in the Los Angeles region affecting the funding of urban redevelopment and the creation of affordable housing. First, the California Legislature passed, and Governor...more

Dorsey & Whitney LLP

CFPB Deems Federally-Approved CRA Assessment Area to Be Discriminatory

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The Federal Community Reinvestment Act (“CRA”) requires regulated financial institutions to focus on meeting “the credit needs of the local communities in which they are chartered.” See 12 U.S.C. § 2901(a)(3). Under the CRA,...more

Sheppard Mullin Richter & Hampton LLP

Redevelopment Strikes Back

After several failed attempts in previous years, the Legislature passed and the Governor signed AB 2 (Alejo) on September 22, 2015. (Stats. 2015, ch. 319.) AB 2 authorizes a new structure for tax increment financing—the...more

Best Best & Krieger LLP

Redevelopment 2.0... This Time for Real!

AB 2 Appears to be the Long-Awaited Redevelopment Replacement Law - Since the demise of redevelopment in 2012, and the assurance of a “replacement” by Gov. Jerry Brown, we have been waiting. We saw valiant efforts by...more

Nossaman LLP

Governor Signs AB2 Which Will Allow the Creation of Community Revitalization and Investment Authorities

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On September 22, 2015, Governor Jerry Brown signed Assembly Bill 2, which will allow local governments to create Community Revitalization and Investment Authorities (CRIAs) -- a step some say is the rebirth of redevelopment. ...more

Nossaman LLP

It’s Baaacckkkk…. Redevelopment Returns to California

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We’ve been closely watching Assembly Bill 2 work its way through the legislature for most of 2015, and last week, it was finally signed by the Governor. What does it mean? You can find a detailed analysis by my partner,...more

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