John Shirey, ED of the California Redevelopment Association talks about the huge financial impact on Redevelopment Agencies after the state’s budget crises.

California’s Redevelopment Agencies quietly and effectively revitalize neighborhoods and are a vital tool for creating thousands of affordable housing units in California. Redevelopment Agencies stand to lose more than $2 billion over the next two years under the latest state budget. Host Joanne Greene talks to John Shirey, Executive Director of the California Redevelopment Association about the long term impact of these budget cuts on California’s residents and communities.