Development Finance Policy

This policy guides public assistance for community projects by balancing costs and benefits, ensuring sufficient resources, and reviewing proposals to protect the City's financial interests.

Finance & Property Services

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Overview

The objective of the development finance policies is to provide guidance for public assistance to community development efforts in a manner that balances costs against benefits. City staff shall identify sufficient public and private resources at the time a project is approved to ensure feasible completion and operation of the project.

All development financing proposals shall be reviewed to ensure that the proposed finance plan is reasonable, balanced, and the best means by which to achieve City objectives, while adequately protecting citywide financial interests.