What are Typical Powers of a Redevelopment Agency?
A Redevelopment Agency is empowered by the California Community Redevelopment Law to include in its Redevelopment Plan such powers as: the right to acquire and dispose of property to facilitate projects that assist in the elimination of blight, including the use of eminent domain to acquire private property in certain circumstances; the right to make loans or grants to effectuate redevelopment; the right to construct infrastructure; the right to issue long-term debt; and the right to collect Tax Increment to service debt. The Central City Redevelopment Project Plan contains all of the powers identified above.
