The
Commercial Rehabilitation Program ("CRP"), was a program that provided financial assistance to property and/or business owners with the renovation of commercial buildings and structures within the City’s Commercial Rehabilitation Revitalization Zone (“Target Area”). The program funded grants, matched grants and/or loans to eligible commercially zoned and developed parcels of land located in the Target Area.
The program ended in 2012 when the State of California passed AB 1x26 which dissolved all
Redevelopment Agencies ("RDA") within the state. A
Successor Agency was established to wind down the operations of the RDA and continue local control over the former assets of the agency.
Any property owners that participated in the program that would like to: sell their property, refinance their property, or handle other matters relating to the program call (310) 973-3230.