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REDEVELOPMENT
Pasadena
is now in its fourth decade of active redevelopment. The
Pasadena Community Development Commission (PCDC) was established
with a mission “To enhance the economic stability of the City
through economic development and affordable housing programs”. The PCDC focuses on the identification, development and/or
revitalization of commercial and neighborhood project areas within
Pasadena. The PCDC is responsible for the activities of seven
Redevelopment Project Areas,
which generates approximately $19,943,540 of tax increment (FY2006), and the
proposed new boundaries Enterprise Zone,
which is located within the boundaries of the
Downtown, Lincoln Avenue,
Fair Oaks Avenue,
Villa-Parke, and
Lake/Washington Redevelopment Project areas.
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