Town Of Moraga

Moraga not Facing Redevelopment State Take-Aways

Recent headline news about many California cities’ fight against the State abolishment of Redevelopment Agencies does not affect Moraga. Redevelopment Agencies were used by many cities as a financial tool to reinvest in infrastructure, help pay for public facilities, and develop low-income housing. Many cities have had to dig deeply into their reserves to make the State-required payments. For better or worse, the Town of Moraga never established a Redevelopment Agency, while many other cities have done so using tax increment revenues to combat blight. This is one fight from which Moraga is fortunate to be excluded!

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