Downtown Infill Program
Downtown Infrastructure Infill Incentive Program
On July 7, 2015, the City Council approved a new program that provides financial incentives to eligible parties interested in developing new market-rate residential, commercial, or mixed-use projects in Downtown Stockton.
To qualify for the program, businesses must meet these criteria:
- Develop a minimum of 35 new market-rate residential units and/or develop a minimum of 30,000 square feet of new, or newly renovated, retail or commercial space
- Be located within the program boundary, which includes Center Street to the west, Park Street to the north, ACE Rail/Union Pacific Railroad to the east, and Washington Street to the south Program Boundary Map
- Make a capital investment of at least $500,000
- Eligible public infrastructure improvements must equal $100,000 or more
Examples of eligible public infrastructure improvements are:
- Sewer and Water
- Storm Drain
- Street Improvements, including crosswalks, bike lanes, striping, medians
- Traffic Signals
- Street Lights
Applicants must submit a request for funding to the Economic Development Department for review and consideration.
- If deemed eligible under the program guidelines, a Reimbursement Agreement requiring Council approval will be executed between the City and applicant.
- Applications will be reviewed and funding recommended for Council consideration on a first-come, first-served basis.
- The City will reimburse the applicant within six (6) months of completion of the public improvements included within the reimbursement agreement of up to $900,000 annually. If improvements exceed $900,000 annual funding allocation, reimbursements could occur in subsequent years.
- Reimbursement agreement will stipulate the public improvements that are eligible for reimbursement and the amount the City agrees to reimburse.
- Improvements not included within the approved reimbursement agreement are not eligible for funding.
The program will be in effect for a period of 10 years from the date of the approval, unless extended by the City Council.
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This City of Stockton web page last reviewed on --- 4/27/2016