Redevelopment Agency of the City of Los Angeles

The Redevelopment Agency of the City of Los Angeles was a government entity responsible for revitalizing neighborhoods through planning, financing, and managing projects aimed at reducing urban blight, improving infrastructure, and encouraging economic development. It used funds from property taxes to invest in areas needing renewal, often through building new infrastructure, affordable housing, and community facilities. The agency's goal was to enhance quality of life and stimulate growth. However, redevelopment agencies were dissolved in California in 2012, with their functions transferred to local governments.