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Committee backs framework for taking on redevelopment agency assets and obligations after court ruling
Summary
Following the California Supreme Court ruling that dissolved redevelopment agencies, the Budget and Finance Committee recommended a resolution designating successor roles for the City, assigning housing assets to the Mayor’s Office of Housing and directing administrative oversight of major development projects while further fiscal analysis is completed.
The Budget and Finance Committee recommended that the full Board adopt a resolution to make the City of San Francisco the successor for many assets and enforceable obligations of the now‑dissolved redevelopment agency, following a late‑December California Supreme Court decision.
Kate Howard of the Mayor’s Budget Office explained the legal context: the Court’s ruling effectively dissolves redevelopment agencies and requires local governments to determine whether to…
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