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INFRASTRUCTURE FINANCE PROGRAMS

CSCDA offers the following Infrastructure Finance Programs:

Statewide Community Infrastructure Program (SCIP)

SCIP allows participating local agencies to receive impact fees prior to development, while property owners repay the tax-exempt obligation over a thirty year bond term. SCIP may eliminate the need for local agencies to negotiate deferral fee agreements.

Community Facilities District (CFD) Financing

The Mello-Roos Community Facilities Act of 1982 permits CSCDA to establish a Mello-Roos Community Facilities District (a “CFD”) which allows for financing of public improvements and services. The services and improvements that Mello-Roos CFDs can finance include streets, sewer systems and other basic infrastructure, police protection, fire protection, ambulance services, schools, parks, libraries, museums and other cultural facilities.

FOUNDED AND SPONSORED BY
California State Association of Counties   League of California Cities