Realizing Oakland Projects Through Enhanced Infrastructure Financing Districts

Email Print

Tuesday, August 15, 2023 12:30PM - 1:30PM PDT

Digital Discourse

Event Registration

Ticket Type Price
Free
Free

Event Details

Enhanced infrastructure financing districts, known as EIFDs, are a relatively new tool for funding city projects and revitalization efforts without increasing local taxes. Once established in a specified area, EIFDs direct a portion of future property taxes to local projects, such as affordable housing developments, infrastructure improvements, and climate adaptation measures. Oakland is currently considering establishing multiple new EIFDs. In addition, the City Council is exploring establishing EIFDs in both West and East Oakland to help fund affordable housing in communities plagued by inequitable housing policy. Join us for a conversation with Oakland City Councilmember Carroll Fife and Waterfront Ballpark District Project Lead Molly Maybrun to learn about these potential EIFDs and how they can be used to benefit Oakland.