California Budget Project Criticizes HCD Study

The Sacramento Business Journal is reporting that the California Budget Project is responding to the Enterprise Zone study recently released by HCD and touted by the Governor:

The California Budget Project questioned the effectiveness of the state's Enterprise Zone program in a recent report. Responding to a Department of Housing and Community Development study the budget project called 'overly optimistic,' the project found the enterprise zone program is failing to help those it was created to assist.

Here is a three page PDF "brief" titled, "New Study Overstates Effectiveness of Enterprise Zones.

Let's take a moment to remember the loss of Dr. Bradshaw. Here is a link to my earlier discussion of his direct rebuttal to CBP.