Law360, New York (September 29, 2015, 10:49 AM EDT) -- On Sept. 22, 2015, Governor Jerry Brown signed Assembly Bill 2, which will allow local governments to create Community Revitalization and Investment Authorities (CRIAs) — a step some say is the rebirth of redevelopment. The goal of the bill is to allow government entities to "invest in disadvantaged communities with a high crime rate, high unemployment and deteriorated and inadequate infrastructure, commercial and residential buildings." The CRIAs will have many of the same abilities as the redevelopment agencies that the governor previously dissolved: the power to issue bonds, provide low-income housing, prepare and adopt a plan for an area, and among others, the power to acquire property using the power of eminent domain....