SB1003 creates prohousing enhanced infrastructure financing districts to support affordable housing and infrastructure in California.
SB1003 establishes prohousing enhanced infrastructure financing districts in California to support affordable housing and infrastructure. These districts can apply for funding from the Infrastructure Partnership Financing Program. The bill outlines criteria for establishing such districts, including adopting a resolution, finding compliance with certain requirements, and adopting an infrastructure financing plan.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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