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!

Tell A Friend

Tell a Friend

Send an email to a friend about this particular item you have read about on the Town of Moraga's website.


From:

Your Name

Your Email Address

To:

Friend Email Address

Friend Email Address

Friend Email Address

Friend Email Address

Friend Message

 


Captcha Image

 

go back