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.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in