Scrambling to replace CRA

With the Community Redevelopment Agency of Los Angeles facing dissolution, local and state leaders are scrambling to understand how to shut down the multi-million-dollar agency while still preserving some of its blight-fighting powers. Dakota Smith in the Daily News.

Last month, the California Supreme Court upheld a ruling that ends the state's community redevelopment agencies, putting CRA/LA out of business as of Feb. 1.

Established in 1945, redevelopment agencies collect tax dollars in blighted areas to encourage and fund new development and affordable housing. Critics of the agencies, including Gov. Jerry Brown, successfully fought this year to divert the tax funds to core state services, such as education.