Your impact fees are due before your first home sells. They don’t have to come out of your cash.

01 · The problem

Impact fees for traffic, water, sewer, parks, and schools are due when you pull permits, long before a single home closes. On a small subdivision, that can mean hundreds of thousands of dollars tied up in fees instead of in the project. The established statewide programs were built for large public bond offerings and are not designed for infill and smaller subdivisions.

02 · How it works

You tell us about the project: location, local agency, lot count, fee schedule, and entitlement status.
We confirm fit and choose the structure, an assessment district or a community facilities district.
The local agency adopts one consent resolution. We prepare it and work with agency staff.
CalMuni PFA forms the district. As the landowner, you approve it. There is no public election.
The bonds are placed privately, and your fees are paid to the agency at closing.
An annual levy is collected on the property tax bill and passes to each homebuyer at sale.

03 · What you get

Cash preserved. Fees are paid from bond proceeds, not your equity or construction loan.
Non-recourse financing. Secured by the land, not your balance sheet or a personal guarantee.
Off your books at sale. The obligation transfers automatically to each homebuyer.
Long-term, fixed rate. Tax-exempt bonds with terms up to 30 years.
No out-of-pocket program costs at closing. Costs are paid from the bond proceeds.
School fees included. When the financing uses a community facilities district.

04 · What it takes

A California project with $500,000 to $5 million in eligible impact fees.
Entitlements in place or well underway.
A business-purpose developer. Owner-occupied lot splits and other homeowner projects are not eligible.
An independent appraisal showing land value well above the financing.
Company financials, ownership information, the fee schedule, title report, and project documents. We will give you a complete checklist.

Before you pay your fees, talk to us. The cleanest path is financing fees as they come due. Fees already paid can be reimbursed only in limited circumstances.

05 · Questions

Does the city have to do the work?: No. The city adopts one consent resolution. CalMuni PFA runs the proceedings and the ongoing administration.
Is there a public vote?: No. On a single-owner project, you are the only property owner who votes.
What do homebuyers see?: An annual line item on the property tax bill, disclosed before purchase.
Can it finance construction?: IMPACT Direct finances fees. Larger projects that also need public infrastructure should ask about IMPACT.
What happens next?: Send us the basics. We respond within one business day.

06 · Your contact

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