Five things to know about Sacramento’s new downtown housing initiative

There are a lot of components to a downtown housing initiative that the Sacramento City Council will review next Tuesday. Over the next 10 years, the goal is to add 10,000 new housing units in the central city. Here are five notable pieces of the initiative:

1. A recommendation calls for the city to draft a specific plan and environmental impact report for downtown housing. That plan will include identifying “opportunity sites” and seeing what public infrastructure might be needed to support it.

2. Similarly, another recommendation calls for enhanced infrastructure finance districts. Meant as a partial replacement for redevelopment funds, such districts allow tax-increment financing, borrowed from future property taxes, for infrastructure improvements and specific kinds of development.

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