Existing law authorizes the legislative body of a city or a county to establish an enhanced infrastructure financing district to finance public capital facilities or other specified projects of communitywide significance that provide significant benefits to the district or the surrounding community, including, but not limited to, the acquisition, construction, or repair of industrial structures for private use.
This bill would include, in the list of facilities and projects the district may fund, the acquisition, construction, or repair of commercial structures by the small business, as defined, occupant of such structures, if certain conditions are met, and facilities in which nonprofit community organizations provide health, youth, homeless, and social services.

Statutes affected:
AB464: 53398.52 GOV
02/08/21 - Introduced: 53398.52 GOV
03/25/21 - Amended Assembly: 53398.52 GOV
06/18/21 - Enrolled: 53398.52 GOV
06/28/21 - Chaptered: 53398.52 GOV
AB 464: 53398.52 GOV