Board updates EIFD policy to ease timelines and clarify affordable-housing options
Supervisors approved revisions to the county Enhanced Infrastructure Financing District (EIFD) policy — extending allowable term and project commencement windows and adding an optional 20% revenue set-aside for affordable housing — and asked staff to bring project-level fiscal analyses back to the board.
The full story
The Monterey County Board of Supervisors voted Sept. 1 to adopt revisions to its Enhanced Infrastructure Financing District policy that change allowable timeframes for projects and clarify affordable-housing expectations, staff said.
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