La Verne

City of

Folder EIFD Documents

La Verne Enhanced Infrastructure Financing District (EIFD)

The City of La Verne has initiated a process to establish an Enhanced Infrastructure Financing District (EIFD) near the City’s future Gold Line light rail station at E Street and Arrow Highway with a sub-area near Wheeler Avenue and Arrow Highway.  The purpose of this district is to establish a funding mechanism that can facilitate the construction of infrastructure improvements in these areas.  The establishment of the EIFD will not result in any new taxes or fees to the property owners.

Once established, the property tax increment (the amount above the property taxes collected in the base year (expected to be 2017)) that the City receives would be specifically restricted to pay for the 14 identified infrastructure projects listed in the Infrastructure Financing Plan (IFP) at an estimated cost of $33 million.  These infrastructure improvements include utility upgrades, undergrounding of overhead utilities, street improvements, pedestrian connectivity, and aesthetic improvements including landscaping and lighting upgrades.

Bonds would be issued that would pay for these projects once new development occurs in the District.  The idea is by having the improvements in place sooner it will spur development to occur faster, which in turn will help to pay for more of the identified projects.

The City Council has established a separate body, the Public Financing Authority (PFA), to oversee the creation of the EIFD and to eventually consider the attached IFP and the associated environmental determination (Notice of Exemption) at a public hearing.  Any member of the public may attend this meeting and support or object to any portions of the proposed IFP or formation of the EIFD.  In addition, upon request, we would be happy to meet with you prior to the public hearing.

The public hearing of the Public Financing Authority will be held at the City Hall Council Chambers, 3660 D Street, La Verne, CA 91750 on Monday, October 30, 2017 at 6:30 p.m.  Written comments or proposed revisions to the IFP may also be submitted to This email address is being protected from spambots. You need JavaScript enabled to view it. or by mail at the address listed above prior to October 30, 2017.  Should you have questions about this letter or aspects of the proposal, you may also contact the City at 909-596-8706.


Toggle Title Date
pdf 2020-2021 Annual Report of the City of La Verne Public Financing Authority for the EIFD ( pdf, 184 KB ) (341 downloads) Popular
pdf County Supervisor's Staff Presentation 082918 ( pdf, 2.23 MB ) (5148 downloads) Popular
pdf Exhibit A ( pdf, 5.79 MB ) (6029 downloads) Popular
pdf Exhibit B ( pdf, 995 KB ) (5611 downloads) Popular
pdf Exhibit C ( pdf, 162 KB ) (5748 downloads) Popular
pdf Exhibit D ( pdf, 64 KB ) (5390 downloads) Popular
pdf La Verne EIFD County Application 091718 ( pdf, 426 KB ) (3846 downloads) Popular
pdf La Verne EIFD Fiscal Analysis 091718 ( pdf, 501 KB ) (3647 downloads) Popular
pdf La Verne Final Adopted IFP ( pdf, 1.05 MB ) (6242 downloads) Popular
pdf La Verne FINAL IFP DRAFT (08-29-17) ( pdf, 1.12 MB ) (4817 downloads) Popular
pdf Notice of Exemption ( pdf, 94 KB ) (6858 downloads) Popular
pdf Public Notice ( pdf, 218 KB ) (5526 downloads) Popular