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Los Angeles Community Redevelopment Agency

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.
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.
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.
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.
October 21, 2004 | Patrick McGreevy, Times Staff Writer
Developers have defaulted on $41 million in loans from the Los Angeles redevelopment agency, which has failed to properly check the background of borrowers, negotiate strong terms and aggressively collect what is owed, according to an audit released Tuesday by the city controller.
August 18, 2004 | Patrick McGreevy, Times Staff Writer
The head of the Los Angeles Community Redevelopment Agency said Tuesday that he planned to move ahead with a major overhaul that would effectively create seven regional agencies to better focus the department's limited resources in different parts of the city. CRA Administrator Robert Ovrom said the plan, set to go to the agency board Thursday, is based on his belief that smaller organizations are more nimble and successful than large ones.
April 28, 2004 | Patrick McGreevy, Times Staff Writer
For five years, workers at the Los Angeles redevelopment agency have complained that public employees stole pianos, clothes and other merchandise from businesses that were bought by the city to make way for Staples Center. An audit conducted for the district attorney's office concluded that the agency had failed to account for where $2.8 million worth of goods had gone before the buildings were demolished.
January 8, 2004 | Karima A. Haynes, Times Staff Writer
Two public agencies have hired a consultant to draft a comprehensive plan for future commercial, retail, residential and transportation developments in North Hollywood. Although redevelopment efforts have been underway for years, officials with the Community Redevelopment Agency of Los Angeles and the Metropolitan Transportation Authority said they sought a fresh perspective, new ideas and a comprehensive vision and strategy to guide future projects.
August 23, 2003 | From Staff and Wire Reports
Mayor James K. Hahn said Friday his top economic development deputy will be leaving the mayor's office to join the city redevelopment agency, where he will oversee projects in the harbor area. Jonathan Kevles will also serve as the Community Redevelopment Agency's liaison to the mayor's office. "This move will boost our redevelopment efforts throughout the city," Hahn said in a statement issued while he was on vacation in Hawaii.
May 23, 2003 | Diane Haithman, Times Staff Writer
Ending a three-year legal battle, Lula Washington Dance Theatre has settled its lawsuit against the city of Los Angeles and the Community Redevelopment Agency over planning and permits for land that used to house its studios in South-Central Los Angeles.
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