This report, produced quarterly, summarizes information on active CRA/LA Board-approved projects that are in the pipeline, under construction, or were completed in the recent quarter.
Redevelopment is one of the most important tools cities have to create economic activity in communities that are struggling in the current economy. That is why Los Angeles needs CRALA now more than ever.
CRA/LA has identified a number of important management initiatives and policies that we intend to pursue this year in addition to our priority development projects.
CRA/LA revenues come from property “tax increment,” a portion of the property taxes collected in a redevelopment project following the date of project adoption. A copy of the Agency's most recent audited financial statement can be downloaded from this page.
City Council approved the CRA/LA Reorganization Plan on September 28, 2004. The chart on this page shows the current organizational structure.