Where: California
What is this new delectable eminent domain tool? community revitalization and investment authorities (CRIA) that allow local governments to redevelop land with eminent domain
The estimated threat of eminent domain: 78% of private property could be threatened by eminent domain.
Eminent Domain isn’t the only concern of property rights activists: If property is included in a CRIA the local governments can fund new bond incremental financing
In 2011, CRIAs received 12% of all statewide property tax revenue.
National Review | The Golden State’s New Eminent-Domain Temptation