Can Counties and Cities get Along? EIFDs are a Start
A CSAC Finance Corporation Webinar in Partnership with Kosmont Companies, Hosted by ILG
It’s a new era of local government cooperation; it starts with Tax Increment Financing sharing through an Enhanced Infrastructure Financing District (EIFD). This relatively new tool has sprouted multiple EIFDs consisting of counties and cities, some of whom voluntarily joint ventured their property tax increment to induce transit-oriented development, housing and many other community amenities including parks and roadways. Learn how these flexible tax increment financing districts and local partnerships are put together and operate. Hear directly from County and City Officials on how they evaluated the decision to create a Public Financing Authority, how they are managing EIFD activities, and their current experience in putting these Districts to work to deliver community benefits and infrastructure improvements over time.
- Supervisor Doug Chaffee, 4th District, Orange County and Placentia/OC EIFD Board member
- Larry Kosmont, CRE, Chairman and CEO, Kosmont Companies
- Matt Treber, Chief of Development Services, Madera County
- Mayor Pro Tem Chad Wanke, City Councilmember, Placentia & Chair of Placentia/Orange County PFA Board