EIFD Hybrid Workshop 3 City of Montebello

The City of Montebello held its third hybrid community workshop on June 12, 2026, to discuss the feasibility of establishing an Enhanced Infrastructure Financing District (EIFD). The meeting focused on explaining the EIFD tool, which is designed to finance infrastructure projects such as streets, parks, water, and sewer improvements without increasing taxes. The discussion included the potential funding capacity, which could range from $5 million to $20 million in the first 5 to 10 years and up to $90 million over 50 years if fully implemented. The city is exploring partnerships with Los Angeles County to leverage additional funding and increase competitiveness for state grants. Community input was solicited on priority projects, with themes including parking enhancements, parks and recreation, streetscape beautification, and affordable housing. The meeting also addressed governance, accountability measures, and the public approval process, emphasizing that no tax increases are involved and that residents and property owners will have opportunities to protest before final approval. The next steps include further city council briefings and potential county partnership discussions, with a required council action anticipated in the second half of 2026.