Legislation Details

File #: ROGC 26-088    Version: 1
Type: Rules Committee Reviews, Recommendations and Approvals Consent Status: Agenda Ready
File created: 2/26/2026 In control: Joint Meeting for the Rules and Open Government Committee and Committee of the Whole
On agenda: 3/4/2026 Final action:
Title: Consultant Analysis of Downtown EIFD. (Tordillos)
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...Title

Consultant Analysis of Downtown EIFD. (Tordillos)

...Recommendations

1. Direct the Housing Department to leverage the existing contract with CSG Advisors and Economic & Planning Systems for an analysis of an enhanced infrastructure financing district in the downtown core, with a focus on the use of a prospective EIFD for downtown housing development and revitalization (including blight remediation, housing supportive infrastructure, and economic development).

2.  Return to Council by September 2026 with a report on the outcomes of the consultant analysis. The report should include:

                     1.  Potential boundaries and geographical configurations for a downtown EIFD, as well as analysis of utilizing one large district vs multiple smaller districts

                     2.  Current base value and increment growth scenarios

                     3.  Projected revenue and bond potential

**MEMORANDUM PENDING**