The City of Carson, in partnership with the County of Los Angeles, is in the process of forming an Enhanced Infrastructure Financing District (EIFD) called the City of Carson Enhanced Infrastructure Financing District (Carson EIFD).
The proposed Carson EIFD encompasses approximately 1,735 acres of land, representing approximately 14% of the City's total 12,141 acres. See
Carson EIFD Boundary Map.
The primary source of revenue available to an EIFD, similar to Redevelopment project areas, is tax increment revenue.
Because of this, an EIFD does not increase the property tax for land owners, residents, or businesses within the EIFD area or outside the EIFD boundaries.
The purpose of the Carson EIFD is to assist in the provision of public facilities of communitywide significance that provide significant benefits and promote economic development within the Carson EIFD and City of Carson.
The EIFD aims to support needed public infrastructure, low and moderate income and workforce housing, rehabilitation, and environmental mitigation and remediation of brownfields of properties as described by the
Adopted Infrastructure Financing Plan (IFP).
The City Council has established a separate
entity, the Public Financing Authority (PFA), who will oversee the creation of the Carson EIFD and be responsible for the adoption of the final IFP. The PFA will also be responsible for the issuance of bonds for the Carson EIFD in the future as well.
May 16, 2022 at 11AM -
See Agenda Packet Second Public Hearing to allow and consider all written and oral comments on the draft IFP.
May 9, 2022 at 11AM -
See Agenda Packet
Second Public Hearing to allow and consider all written and oral comments on the draft IFP.
September 13, 2021 at 11AM - Continued Second Public Hearing to allow and consider all written and oral comments on the draft IFP.
See Agenda Packet
August 2, 2021 at 11:00 a.m. – Second Public hearing to allow and consider all written and oral comments on the draft IFP, but take no formal action.
See Agenda Packet
June 28, 2021 at 11:00 a.m. - Public hearing to allow and consider all written and oral comments on the draft IFP, but take no formal action.
See Agenda Packet
June 14, 2021 at 11:00 a.m. - Public hearing to allow and consider all written and oral comments on the draft IFP, but take no formal action.
See Agenda Packet
April 12, 2021 at 11:00 a.m. - Initial public meeting of the PFA to present the draft IFP, answer questions about the IFP, and consider comments related to the IFP.
See Agenda Packet.
April 5, 2021 at 11:00 a.m. - First public meeting of the PFA to discuss administrative matters pertaining to the Carson EIFD.
See Agenda Packet.