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Statewide Community Infrastructure Program
A Program of the California Statewide Communities Development Authority
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Statewide Community Infrastructure Program (SCIP)
Any County / Special District / City can participate in SCIP to provide the local agency the means of offering competitive financing to all developers as a turn key solution, minimizing local agency staff time.
The bonds are issued by the California Statewide Communities Development Authority (CSCDA) which is a Joint Powers Authority sponsored by the California State Association of Counties and League of California Cities to promote bond programs of public benefit to its members.
These are 30 year fixed-rate tax-exempt bonds secured by property assessments.
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What Can be Financed through the Program?
Fees for infrastructure to be owned by public agency
Does not include school, housing, fire, and police fees Improvements identified in the 1913 / 1915 Assessment
Act, including but not limited to, are listed below:
Eligible Fees
Eligible Improvements
Street lighting
Parking
Landscaping
Sewer and Pipelines
Parks and Parkways
Bridges and Thoroughfares
Bicycle and Pedestrian Trails
Open Space and Greenbelts
Street and Roadways
Freeway Interchanges
Pedestrian Malls
Sidewalks
Storm Drainage
Flood Control
Water Supply
Gas Supply
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Local Agency Requirements
Must be a Member of CSCDA (no cost to join and CSCDA currently has 532 members) Adopt SCIP Resolution consenting to use of the SCIP Program (again no cost to join) a) Sample Resolutions and Agreements are contained in the SCIP Manual and proposal by SCIP Legal Counsel
Developers can submit funding applications online but they must be signed by the Local Agency prior to the Public Hearing
Will review and verify eligible fees and improvements contained in the Engineer's Report prepared by SCIP
Will execute an acquisition agreement to reimburse developer for public improvements, the form of which is included with the SCIP Resolution Funds will be spent in accordance with federal tax law Approve requisition of funds
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SCIP Tasks and Responsibility Schedule
Admin. includes:
Tax Roll
Lot Splits
Rebate
Continuing
Disclosure
Foreclosure
Developers
Local Agencies
Pass SCIP
Resolution &
Approve
Applications
Conduct the
proceedings
Issue Bonds
Administering
the District
Entitlements
Payment of
Fees or
Completion of
Improvements
Bond
Payments
(Investor
Risk)
Developers
and Local
Agencies
Developers
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Questions
Contact
James Hamill
Managing Director
CSCDA
(925) 476-5644
[email protected]