Redevelopment

In October 2004, the City Council and Redevelopment Agency Board approved the merger of three of its project areas into one. The Golden State, South San Fernando and City Centre Redevelopment Project Areas became the newly titled Burbank Merged and Amended Project Area. The City of Burbank now has two redevelopment project areas: the existing West Olive Project Area and the Burbank Merged and Amended Project Area. The merger was introduced as a financial tool to allow flexibility in the use of tax increment revenue within the merged areas. This flexibility will allow the Agency to concentrate on projects in areas of greatest need and highest priority. It is also important to note that while technically the three project areas have become one, each still maintains its own Redevelopment Plan. Therefore; each project will continue to be identified separately: the Golden State, City Centre, West Olive and South San Fernando Redevelopment Project Areas.

Goals and Objectives Include:

• Remove blight.
• Improve public utilities and public infrastructure.
• Promote the rehabilitation of existing housing stock and increase, improve, and preserve the supply of housing affordable to very low, low and moderate income households.
• Promote local employment opportunities.

This information is in PDF format. The freely available Adobe® Acrobat® Reader is required. Download a free copy here.