Receive development impact fees at closing, without taking on debt or staff work.

01 · The problem

Impact fees arrive lot by lot as permits are pulled, often over years, while the infrastructure they pay for is needed now. Smaller builders struggle to carry the fees, which can slow projects your community wants built.

02 · How it works

A developer applies to CalMuni PFA and we confirm the project fits.
Your board or council adopts one resolution: non-voting membership in CalMuni PFA and consent to CalMuni PFA forming a district in your jurisdiction.
CalMuni PFA forms an assessment district or community facilities district over the project, with the landowner’s approval.
CalMuni PFA issues the bonds, and your agency receives the eligible fees at closing.
The annual levy is collected on the property tax roll and administered by CalMuni PFA.

03 · What your agency gets

Fees up front. Paid in full at closing rather than over the life of the project.
No debt, no liability. The bonds are not an obligation of your agency or its general fund.
No ongoing staff role. CalMuni PFA runs the proceedings and the annual administration.
A tool for every developer. Available to projects of any size, from infill to master-planned.

04 · What it takes

One resolution. We provide the resolution and staff report.
No fee, no dues, and no obligation to approve any particular project.

05 · Questions

Is this our debt?: No. The bonds are limited obligations payable only from the levy on the benefiting parcels.
Who handles delinquencies?: CalMuni PFA, through the county tax roll and the bond documents.
How are homebuyers protected?: Each financing is underwritten to an independent appraisal and a limit on the total tax burden, and the levy is disclosed before purchase.

06 · Your contact

Reach the Authority team through the Contact page at calmunipfa.com/contact.