They have been around for over 20 years. Established at a time when state and federal governments were withdrawing from financing infrastructure projects, Infrastructure Financing Districts (IFDs) were developed as an alternative vehicle for local financing of those types of projects. However, they are difficult to establish and have limited powers. As a result, they have rarely been seen as an alternative to redevelopment agencies. Now, a generation later, with the possible demise of redevelopment, cities and counties are once again casting about for alternative sources of ...
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