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Friday, March 11, 2011

Newsom disagrees with Brown on cutting redevelopment

From KGO,
Lieutenant Gov. Gavin Newsom has a different take on cutting redevelopment agencies than his boss, Gov. Jerry Brown. Newsom says redevelopment funds used properly can be a real boon to cities such as San Francisco.

"Some of my most proud work as mayor was the redevelopment work we did in Bayview Hunters Point, the work we did to get the Treasure Island deal done, the Transbay Terminal done, the work we're doing on mid-Market to revitalize mid-Market and recruit companies like Twitter and others and capturing that increment in that mid-Market corridor," said Newsom.

Newsom says he understands Brown has to cut billions from the state budget, and hopes to serve as an intermediary for cities across the state trying to save their projects.

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