By: Joe M.

Joe M. — Mon, 07 Mar 2011 21:31:45 +0000

This is another example of how and why Assemblyman Swanson is shortsighted, incompetent and absolutely useless. We should be thankful that term limits will end his time in the Assembly next year. Redevelopment agencies channel property tax revenues away from schools and other public entities. They are big municipal slush funds. The “affordable housing” that is funded by redevelopment agencies is not some magnanimous gesture. It stems from the legal requirement that RDA’s must spend 20% of their revenues on affordable housing. Some of the biggest beneficiaries of RDA’s are the construction worker unions and the construction contractors that win the lucrative RDA contracts. Although RDA’s do some good, they waste millions of our tax dollars, which line the pockets of a few well-connected contractors and fat-reared labor union stooges.

By: Elwood

Elwood — Fri, 04 Mar 2011 04:45:34 +0000

As I recall, the number in Oakland was around 150.

By: John W

John W — Fri, 04 Mar 2011 01:43:07 +0000

I wonder how many of Alameda’s or Oakland’s city employees are paid for with RDA funds.

Comments on: Swanson: Don’t abolish redevelopment agencies

By: Joe M.

By: Elwood

By: John W