There is an alternative to SunCal’s Alameda Point Revitalization Initiative – one that focuses on high-paying jobs for Alameda, reduced traffic on our bridges and tubes as a result of that job creation, and a science and technology center at Alameda Point with a mission to reduce our dependence on foreign oil. You can [...]
Be sure to read the Alameda Sun’s December 25th Op-ed piece by Dennis Green, arguing the case of a public land trust at Alameda Point, instead of SunCal’s plans for houses.
“Redevelopment” – technically known as “tax increment financing” – is alive and well in Alameda, and impacting our ability to fund general services for citizens. The redevelopment mechanism allows the City of Alameda to issue bonds to fund land improvement projects, and the debt is paid back with increased property taxes (the tax increment) resulting [...]