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Los Angeles Community Redevelopment Agency

CALIFORNIA | LOCAL
September 29, 2006 | Patrick McGreevy, Times Staff Writer
The bulk of project money from the Los Angeles Community Redevelopment Agency has gone to a relatively small group of developers -- a holdover from the "good old boy" days at the agency, the city controller charged Thursday. Controller Laura Chick released an audit that found that 37 -- about 10% -- of the 339 developers who received agency money got 73.6% of the funds.
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CALIFORNIA | LOCAL
March 31, 2006 | From Times Staff and Wire Reports
Mayor Antonio Villaraigosa plans today to recommend attorney Cecilia Estolano as the next chief executive of the Community Redevelopment Agency, City Hall sources said. Estolano is a former assistant city attorney who specialized in housing and environmental issues.
CALIFORNIA | LOCAL
February 12, 2006 | Jean Merl, Times Staff Writer
Nearly half a century has passed since Central Avenue slipped out of the limelight as the jazz mecca and heart of African American Los Angeles. Long gone are the bustling eateries, shops and nightspots that had lined the once-vibrant street, then known to locals as simply "the Avenue." The famed Dunbar Hotel, which was host to such musical greats as Duke Ellington, Louis Armstrong and Lena Horne in the 1930s and '40s, currently houses low-income residents and social service agencies.
CALIFORNIA | LOCAL
January 27, 2006 | Greg Krikorian, Times Staff Writer
Three years ago, the Los Angeles Community Redevelopment Agency helped Larry and Melissa Shields buy their first home. Today, the couple claim, the agency is attempting to cash in on that assistance. In a Los Angeles Superior Court lawsuit filed this week, the Shieldses and their lawyer, Ron Richards, say the CRA is violating California lending laws by penalizing them for reselling their home early.
CALIFORNIA | LOCAL
September 16, 2005 | From Times Staff and Wire Reports
The Community Redevelopment Agency board approved spending $300,000 to help house people displaced by Hurricane Katrina. The city is making plans to accept up to 5,000 evacuees. "One of our primary mandates is to provide affordable housing," acting Chief Executive Richard Benbow said in a statement. The agency will seek reimbursement for the expense from the federal government.
CALIFORNIA | LOCAL
August 27, 2005 | Patrick McGreevy, Times Staff Writer
The head of the Los Angeles redevelopment agency recommended Friday that the department's board approve a $16-million loan for a new hotel next to the convention center. The board is scheduled to vote Thursday on the recommendation of acting Chief Executive Richard Benbow that the loan be made as part of $82 million in public subsidies.
CALIFORNIA | LOCAL
April 23, 2005
The city's Community Redevelopment Agency board has agreed to buy a Winnetka property from a partnership that includes a nonprofit corporation whose president is Harbor Commissioner James Acevedo. The panel voted Thursday to purchase nearly 1 acre for up to $1.9 million to build affordable housing. The partnership shelved a similar development for the site. Acevedo's corporation, Neighborhood Empowerment and Economic Development Inc.
CALIFORNIA | LOCAL
February 17, 2005 | From Staff and Wire Reports
Community Redevelopment Agency leaders said Wednesday that in response to critical audits, they would overhaul how the agency funds and monitors projects. City Controller Laura Chick said she would make sure with follow-up audits next fall. Her office released three audits last fall that she said portrayed an agency in disarray that did not keep adequate track of its properties and loans.
CALIFORNIA | LOCAL
October 28, 2004 | Patrick McGreevy, Times Staff Writer
The city controller charged Wednesday that Los Angeles redevelopment officials underreported the subsidy provided to the developer of the Metropolitan Lofts project by $2.5 million and gave inaccurate information about the amount to the City Council. City Controller Laura Chick also gave the civil grand jury documents collected from two audits on Community Redevelopment Agency loans and subsidies that were risky or in default.
CALIFORNIA | LOCAL
October 26, 2004 | Patrick McGreevy, Times Staff Writer
The Los Angeles city controller called Monday for the City Council to study whether to overhaul the management of the Community Redevelopment Agency after a second audit in two weeks found serious financial problems. Controller Laura Chick said her audit of agency subsidies to developers found the city failed to collect nearly $1 million that it was owed and is proposing to write off millions of dollars in other loans.
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