Who Benefits from Redevelopment in Los Angeles?

This study evaluates the commercial development in the 1990s undertaken by the Community Redevelopment Agency, a economic development agency located in Los Angeles. The report finds the agency's development subsidies and strategies fail to provide a maximum return on investment for local communities, provide substantial subsidize already-wealthy organizations, are not targeted to create living wage or high-quality jobs, and are often financially risky. The report makes a series of recommendations for rectifying these issues.