Legislative Update – SB 628 (Beall) Enhanced Infrastructure Financing Districts

California may have found a way to meet its growing infrastructure demand in Senate Bill 628 (Beall) – legislation that will allow local governments to form new Enhanced Infrastructure Financing Districts (EIFDs) that brings back some of the former powers of the state’s abolished redevelopment districts. After supporting SB 628 throughout the year, Larry Kosmont, in partnership…

It’s Groundhog Day for California Redevelopment Bills

Three bills aimed at reviving local development financing in California are moving through the legislature after Gov. Jerry Brown vetoed similar legislation last year. Larry Kosmont, president and CEO of Kosmont Companies, comments on the state of these bills and supplies his expert opinion. Read the full article here: Redevelopment Bills Head for Governor Jerry…