Established in 1948, the Community Redevelopment Agency of the City of Los Angeles is responsible for the administration of urban planning and community and rural development activities. Located in Los Angeles, it is a public agency that provides assistance to the state government for economic development processes. The agency has a management team that includes chief executive and chief operating officers, regional administrators and selected department directors. It manages more than 30 redevelopment projects throughout the city, such as an earthquake disaster assistance redevelopment project for the Laurel Canyon corridor. Additionally, the agency issues requests for development proposals on specific sites damaged by natural calamities to the Los Angeles Board of Commissioners. The Community Redevelopment Agency of the City of Los Angeles also operates various home ownership programs to provide affordable housing options to low- and moderate-income households.