Disposition Timeline - Starting January 2013
FINDING OF COMPLETION
Once a successor agency satisfies the requirements under the RDA dissolution law, the Department of Finance (DOF) will issue a finding of completion.Visist our site to view letters already issued by the DOF. Developers and brokers should engage with successor agencies for potential investment opportunites.
LONG RANGE PROPERTY MANAGEMENT PLAN
Within six (6) months of receiving a finding of completion, the successor agency will develop and submit to the DOF a Long Range Property Management Plan (LRPMP) detailing how properties will be sold, retained, or developed. Visit our site to view plans submitted and approved by DOF.
Upon approval of the LRPMP, the successor agency may begin to dispose of and sell property pursuant to the approved plan. Properties may be disposed of through an Request for Proposal, public auction, or development as an "Economic Development Opportunity."
CURRENT STATUS OF SUCCESSOR AGENCIES