Redevelopment Agency Will Be Disbanded
The Hidden Hills redevelopment agency--the target of criticism and legal challenges since its inception six years ago--will disband next month, the Hidden Hills city attorney said Friday.
Under a tentative agreement with Los Angeles County, the western San Fernando Valley city will dissolve the agency and return a portion of the redevelopment funds it has received to the county, which will use them to build low-income housing.
The city no longer wants the agency because under state law, a portion of the redevelopment money it is collecting from the county must be spent for low-income housing inside the boundaries of Hidden Hills, a gated, affluent community of 2,000 residents.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.