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Real Estate/Development

Jun. 6, 2012

Redevelopment projects in LA move forward despite wide cuts

The California Department of Finance has approved $300 million for the nearly 600 Los Angeles redevelopment projects recommended for financing by the board tasked with sorting out pending projects after the death of redevelopment agencies.


By Jason W. Armstrong


Daily Journal Staff Writer


The California Department of Finance has approved $300 million for the nearly 600 Los Angeles redevelopment projects recommended for financing by the successor oversight board tasked with sorting out pending projects after the death of redevelopment agencies.


Richard H. Close, a partner with Gilchrist & Rutter PC who serves on the oversight board managing the termination of the Los Angeles ...

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