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The Nexus
POLITICSJun 17 · 13:24 UTCPASADENA NOWGab Apo

City Council Forms Infrastructure Financing District to Fund Major Development Projects

The City Council initiated the creation of an Enhanced Infrastructure Financing District (EIFD) to fund infrastructure, affordable housing, and mobility projects using future property tax revenues from new developments without raising taxes.

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City CouncilorganizationEnhanced Infrastructure Financing Districtorganizationproperty tax revenuestopicinfrastructure improvementstopicaffordable housingtopicmobility projectstopicopentopic
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