Tag Archive: SB 535

  1. Partnering for Transportation Equity

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    This month, ELP Advisors has invited a friend of the firm to share her knowledge and experience with our readers. We’re exploring how coalitions focused on transportation equity are gaining momentum in Los Angeles County to fundamentally shift how transportation investments are deployed. We’ve invited Jessica Meaney from Investing in Place to share outcomes from the nonprofit’s latest partner meeting and explain how we move to a transportation future where local investments advance social equity, public health, and environmental goals.

    Earlier this month, Investing in Place convened over 70 partners to discuss lessons learned from SB 535 (2012 de Leon), a bill on cap-and-trade investments that prioritizes housing and transportation funds for disadvantaged communities based on a data-driven framework (CalEnviroscreen). The purpose of our meeting was to discuss lessons learned as we continued to refine framework recommendations for Metro’s potential 2016 Los Angeles County Transportation Sales tax ballot measure.

    Keynote speaker Vien Truong from #GreenfromAll inspired the group with her experience and lessons learned from SB 535, and offered advice on how leaders could use this framework to inform conversations about transportation investment in Los Angeles County. Vien described the efforts of SB 535, as rooted in a “collaborative movement and partnerships,” with an inside policy game that was grounded by a community-led effort. (more…)

  2. The Cap-and-Trade Spigot Opens

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    While the efficacy of California’s cap-and-trade program in reducing the state’s overall greenhouse gas emissions continues to be a subject of debate, the program’s ability to generate revenue (almost $1 billion through 2014) has been impressive. And as the pot of cap-and-trade revenue grows, the state is seeing more competing proposals for funding. Over the past month or so, proceeds from the auction of emissions permits have been allocated to a host of new programs for some innovative projects. In addition, the state’s cap-and-trade program is focusing resources to serve more low-income and disadvantaged communities. Passed in 2012, SB 535 requires allocating a minimum of 25 percent of the state’s cap-and-trade revenues to projects that benefit disadvantaged communities; a minimum of ten percent of the proceeds must be used for projects located in disadvantaged communities. With this mandate in mind, we look at a few of the more innovative programs that were awarded funding to help improve our most vulnerable communities. (more…)

  3. Governor Brown Puts a Hold on Redevelopment Redo

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    The Governor has put the brakes on the Legislature’s attempts to develop new economic development tools in the wake of redevelopment’s dissolution.

    On September 30, he vetoed SB 1156, saying that his office would prefer to take a “constructive look at implementing” [PDF] the program only after the redevelopment wind down is complete. Governor Brown echoed those sentiments in his veto messages for AB 2144, AB 2551, and SB 214, which would have reformed Infrastructure Finance Districts to help achieve economic development and renewable energy goals. For AB 2144, he writes [PDF] that the “measure would likely cause cities to focus their efforts on using the new tools provided by [AB 2144] instead of winding down redevelopment.”  While the goals of AB 2551 are laudable, Governor Brown felt that the measure was “premature” [PDF]. (more…)