$62 million waiting to give fresh start to blighted area of Northeast Valley.

Daily News (Los Angeles, CA) | May 24, 2007 | Copyright

Byline: Rick Orlov

May 24--After decades of neglect, the northeast San Fernando Valley will become the focus of a multimillion-dollar revitalization effort designed to lure jobs and spur development in the blighted communities.

Councilman Richard Alarcon won approval Wednesday for the Community Redevelopment Agency to develop what he calls a vision statement for the 2,900-acre area in the Northeast Valley, where more than $62million is available for improvements.

"The time has come for the northeast San Fernando Valley to have a coherent and ...

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