Section 33430 Of Article 11. Property Disposition, Rehabilitation And Development From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4. >> Article 11.

. An agency may, within the survey area or for purposes of redevelopment, sell, lease, for a period not to exceed 99 years, exchange, subdivide, transfer, assign, pledge, encumber by mortgage, deed of trust, or otherwise, or otherwise dispose of any real or personal property or any interest in property.