Senator Hernandez Statement on Legislation to Extend Redevelopment Agency Closure Deadline

January 6, 2012

FOR IMMEDIATE RELEASE                                        Contact:  Rob Charles   (626) 430-2499

West Covina, CA – California State Senator Dr. Ed Hernandez, O.D. (D – West Covina) has agreed to allow the use of his Senate Bill 659, which is waiting to be heard in Assembly Local Government Committee, as a vehicle to extend the deadline for Redevelopment Agencies to shut down operations throughout California.  Senator Hernandez is co-authoring SB 659 with Senator Alex Padilla to give the Legislature more time to draft legislation that will allow appropriate local economic development and affordable housing initiatives to continue. 

“With the Supreme Court rejecting last week legislation that allowed redevelopment agencies to continue operating, it has become imperative for the Legislature to act quickly to create a new mechanism for funding local economic development and affordable housing.  That is why I have agreed to co-author a bill with Senator Padilla that will delay the phase out of redevelopment agencies a little bit longer, so we have the time to work with the Governor, our cities, and other stakeholders to craft legislation that will go the distance in providing an effective replacement for redevelopment.  I have offered the use of one of my existing bills already moving through the Legislature as a vehicle for this extension legislation, in hopes of moving this process along as quickly as possible.”

 

###