The City of Santa Paula’s decision to purchase its much-touted and award-winning water recycling facility highlights how this pioneering public-private partnership project has proven to be a triumphant model of risk...more
To get a P3 proposal to the starting line, public officials need to make sure that there is clarity and agreement on basic issues and priorities -
Aging and inadequate infrastructure, required upgrades and scarce...more
Application Submission Scheduled for Mid-December Through Mid-January -
The California Public Utilities Commission is scheduled to approve the California Advanced Services Fund Public Housing Broadband Grant Guidelines...more
Four bills affecting infrastructure financing districts, a funding mechanism for infrastructure and development projects that benefit the broader community, were recently signed by Gov. Jerry Brown. IFDs, created in 1990,...more
10/7/2014
/ Affordable Housing ,
Broadband ,
Economic Development ,
Environmental Policies ,
Infrastructure ,
Jerry Brown ,
Manufacturing Facilities ,
New Legislation ,
Public Projects ,
Redevelopment ,
Tax Increment Financing ,
Tax Revenues
The Governor’s Office of Business and Economic Development (GO-Biz), serves as California’s single point-of-contact for economic development and job creation efforts, and administers the California Competes Tax Credit...more
Until recently, California’s state-level economic development cupboard was looking a little bare — its 400 redevelopment agencies were dissolved in February 2012, property tax increment financing has been discontinued and...more
Note: This is an update to our prior posts tracking the Administration unveiling of its plan to deploy approximately $50 billion dollars of private capital designated for improved U.S. infrastructure
The Obama...more
The Moody’s Investors Service in its “Global P3 Landscape” report release this week concludes that “given the sheer size of its infrastructure and growing urban population, the U.S. has the potential of becoming the largest...more
Gov. Jerry Brown’s vision for “Enhanced Infrastructure Financing Districts” was approved by the Legislature and is awaiting Brown’s signature. SB 628 (Beall, D-Campbell), a gut-and-amend bill passed in the last week of the...more
President Obama has announced an initiative to encourage public-private partnerships for infrastructure development. Along with the recently touted “infrastructure bank,” Thursday’s announcement shows additional...more
Matthew Cypher’s (@MatthewCypher) recent article for Urban Land Magazine entitled “The Risk and Reward of Investing in Secondary Markets” argues that while “gateway markets” (Boston, New York City, Washington, D.C., Los...more
Many communities are trying to retain and attract businesses to provide economic development and jobs. With the loss of tax increment financing in California, and constrained local budgets, identifying incentives is more...more
Applications due June 13 for grants that will promote sustainable economic development -
New grants from the United States Department of Agriculture will help promote sustainable economic development in rural...more
Counties Can Now Use Construction Management At-Risk -
Effective January 1, 2014, all California counties are expressly authorized to use the “construction management at risk” project delivery method (CMAR) for any...more
As part of California’s 2014-2015 budget, Governor Jerry Brown has proposed the expansion of infrastructure financing districts (IFDs), a funding mechanism for communitywide infrastructure and development projects that has...more
On Friday, February 21, water industry thought leaders will gather to discuss how public and private investment will help California meet its present and future water challenges, including the state’s current drought state of...more
California economic development authority and BB&K attorney Joseph E. Coomes has co-authored a new report, “After Redevelopment: New Tools and Strategies to Promote Economic Development and Build Sustainable Communities.” The...more
The Court of Appeal for the Fourth Appellate District recently ordered publication of the decision in Foothill Communities Coalition v. County of Orange to clarify the law regarding spot zoning in two respects. First, spot...more
Proposed Changes to Infrastructure Financing District Law -
This week Governor Brown released his 2014-15 Budget Summary. It contains a proposal to expand the tax increment financing used by Infrastructure Financing...more
In This Presentation:
Public Private Partnership Opportunities:
- Public Assistance into Private Projects
• Economic Development/Redevelopment
• Land Use/Zoning
• Real Estate Assets/Long Range Property...more
New Law Applies to Subsidies of $100,000 or More -
Gov. Brown last week signed into law AB 562, legislation that will require all cities and counties to provide a report to the public before approving any economic...more
In This Presentation:
• Public Agency Approach
• Existing Local Authority
• Public Private Partnerships
• Redevelopment/Economic Development
• Public Infrastructure
- Excerpt from Public Agency...more
On July 11, 2013, Governor Brown signed into law AB 116, urgency legislation aimed at providing additional relief to California’s recovering housing and construction industries. AB 116, which became effective immediately,...more
Yesterday, Governor Brown signed into law AB 93, legislation that will institute two new tax exemption programs for manufacturing and bio-tech equipment, add a hiring credit for employment in specified geographic areas and...more