In Huntington Beach Redevelopment is viewed as a tool to carry out the city's economic development goals while at the same time eliminating blighting influences. Redevelopment is utilized to rebuild and enhance the economic centers of the community to assure a prosperous future for its residents.
The City of Huntington Beach created its Redevelopment Agency in 1969. The first successful effort to commence redevelopment began in 1982-83 when five project areas were adopted: Main-Pier, Huntington Center, Talbert-Beach, Oakview and Yorktown-Lake. Soon after the Main-Pier area was amended to increase its size from five city blocks to over 336 acres. In 1996, all five areas were merged to allow the tax increment generated in any sub-area to be used anywhere within the Huntington Beach Project Area, now totaling 619 acres. In 2002, the Southeast Coastal Redevelopment Project Area was adopted, allowing these additional 172 acres the use of the California Redevelopment Law to finance eligible projects with tax increment. Only 4.46% of the City is within a redevelopment area.
There are two project areas in the City: the Huntington Beach Project Area, with its five non-contiguous sub-areas and the Southeast Coastal Project Area.
The amount of solar energy that strikes the Earth in one hour is more than enough to provide all of the Earth’s energy needs for a complete year.