![]() Statute: Government Code Sections 66200 - 66210 At least 20 percent of the residential units constructed within the district must be affordable to very low, low-, and moderate-income households and subject to a recorded affordability restriction for at least 55 years.ĭistrict Type: Regulatory Streamlining District HSDs may be formed in areas located within one-half mile of transit service and must be suitable for mixed-use and residential development via available infrastructure, transportation access, existing underutilized facilities, or location. The California Housing and Community Development (HCD) Department may provide incentive funding for the establishment and approval of qualified housing projects within an HSD. Statute: Government Code Sections 53398.50 - 53398.88Ībout: Housing Sustainability Districts (HSDs) enable a local agency to conduct an upfront Environmental Impact Report (EIR) and approve ministerial permits within 120 days for qualified housing projects within the district. The PFA must adopt an Infrastructure Financing Plan which identifies the facilities intended to be funded by EIFD revenues.Įligible Use of Funds: Construct, acquire, rehabilitate capital projects with at least a 15-year lifespan maintenance of facilities financed by EIFD. EIFDs are goverened by a Public Finance Authority (PFA) represented by the participating agencies' elected officials and appointed persons living or working within the district. In addition, EIFDs may finance additional activities including brownfield restoration and environmental mitigation, industrial building development, and more. Statute: Government Code Sections 62000 - 62208Įnhanced Infrastructure Financing Districts (EIFD)Ībout: Enhanced Infrastructure Financing Districts (EIFDs) authorize local agencies the ability to generate revenue using tax-increment financing to plan and construct improvements of communitywide signficance, such as community infrastructure, public facilities, and affordable housing. ![]() All taxable entities, excluding educational entities may contribute their property tax increment in CRIAs.ĭistrict Type: Community Facility Financing DistrictĮligible Use of Funds: Construct, rehabilitate, repair or upgrade infrastructure plan, construct and acquire affordable housing building retrofitting acquire and convey real property and more.Įligible Lead Entities: City, county, city and county A CRIA must adopt a Revitalization Plan identifying the specific activities it will conduct and finance. ![]() In addition, CRIAs have the authority to acquire and convey property, provide direct financial assistance to small businesses, make loans or grants to businesses within the district, conduct brownfield restoration and environmental mitigation, and more. Community Revitalization & Investment Authorities (CRIA)Ībout: Community Revitalization and Investment Authorities (CRIAs) authorize local agencies the ability to generate revenue using tax-increment financing to plan and construct affordable housing, community infrastructure, and public facilities in eligible areas facing socio-economic and physical challenges as defined by legislation.
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