The best thing about redevelopment was that it was a local tool designed to respond to local needs. It was one of the most effective resources of local governments to address the conditions that inhibit private investment by playing a catalytic role in the economic growth of local economies, the revitalization of blighted areas and the development of affordable housing. So how will the recent elimination of redevelopment in California affect efforts to attract private capital and finance projects that in particular have benefited economically disadvantaged neighborhoods?