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Did the End of California's Redevelopment Agencies Hurt Affordable Housing?

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There's new evidence every day of the brutal housing market in parts of California. Many housing experts think the short supply of affordable rental units is likely to get worse, at least partly because the state did away with Redevelopment Agencies two years ago. For all their faults, the agencies were legally required to devote a fifth of their revenue to affordable housing -- about a $1 billion a year. What happens now that the money is gone?

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