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Real Estate/Development,
Government,
Administrative/Regulatory

Jan. 7, 2015

SB 628: Infrastructure financing district redux

Senate Bill 628 creates "enhanced" infrastructure financing districts and is a first step in financing local government development activities in California's post-redevelopment era.

Amy E. Freilich

Hepner Myers

Email: afreilich@hepnermyers.com

See more...

Senate Bill 628 creates "enhanced" infrastructure financing districts (EIFDs) and is a first step in financing local government development activities in California's post-redevelopment era. The bill makes tax increment funds available for economic development and urban revitalization, including former military base reuse, creation of transit priority projects, implementation of sustainable community plans, and affordable housing construction. Although similar to the little-used infrastr...

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