Assemblyman V. Manuel Pérez published an editorial in the Desert Sun expressing concern over the Governor’s remarks regarding Enterprise Zones in the State of the State and the proposed HCD regulations:
The state’s economic outlook is positive, but we have a way to go to ensure recovery takes hold throughout the state. For this reason, I am concerned about proposed regulatory changes to the state’s Enterprise Zone program. As former chairman of the Assembly Committee on Jobs, Economic Development and the Economy, and with three enterprise zones in our region, I understand how significant the program is for attracting private investment and small business employment, especially given the dissolution of redevelopment.
Sensible reforms can be made, and many are included in my bill AB 28, yet I disagree with regulatory changes that undermine the intent of the program. I also believe that we must continue to explore tools that help our local governments finance affordable housing and associated infrastructure development.
Assemblyman V. Manuel Pérez, D-Coachella, represents the 56th District. Contact him at www.asm.ca.gov/mperez.