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The state of California discontinued the use of TIF financing due to lawsuits in 2011, and enacted the California Fiscal Emergency Proclamation 2010, thereby ending the diversion of property tax revenues from public funding, including the use of TIFs for the funding of the nearly 400 redevelopment agencies in the state.
The U.S. Departments of Transportation and Housing and Urban Development, and Related Agencies Appropriations Act for 2010 made $600 million available for transportation infrastructure investment. [5] On June 30, 2011, Secretary LaHood announced that nearly $527 million would go towards the third round of TIGER fund disbursal.
California High-Speed Rail (CAHSR) is a publicly funded high-speed rail system being developed in California by the California High-Speed Rail Authority.Phase 1, about 494 miles (795 km) long, is planned to run from San Francisco to Los Angeles and Anaheim via the Central Valley, and is partially funded and under construction.
The Housing Act of 1949 offered federal subsidies to local redevelopment projects, allowing local agencies to clear and sell blighted land for redevelopment, [2] up to a limit of $808 million per year. Federal subsidies helped alleviate potential hurdles in acquiring land with high purchase costs.
In Barcelona the 1992 Olympics provided a catalyst for infrastructure improvements and the redevelopment of the water front area, and in Bilbao the building of a new art museum was the focus for a new business district around the city's derelict dock area. The approach has become very popular in the UK due to the availability of lottery funding ...
For example, American Airlines and Delta have committed $1.6 billion and $1.8 billion, respectively, to modernize the facilities they use at the Los Angeles International Airport (LAX). Delta allocated another four billion dollars to the construction of a new terminal at the LaGuardia International Airport in New York City.
People in Los Angeles rely on cars as the dominant mode of transportation, [1] but since 1990 the Los Angeles County Metropolitan Transportation Authority has built over one hundred miles (160 km) of light and heavy rail serving more and more parts of Los Angeles and the greater area of Los Angeles County; Los Angeles was the last major city in ...
The Los Angeles County Federation of Labor and the Los Angeles Area Chamber of Commerce supported it. Having donated $900,000, the Los Angeles County Museum of Art (LACMA) was the "largest single donor to the effort to raise the sales tax in the county and build more mass transit". According to LACMA surveys, the top three reasons people do not ...