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Downtown Developer Toolkit

INCENTIVES

City Reveals List of Unclaimed Property

Financial Incentives

 Effective infill programs include support from a variety of sources making development more feasible:

  • Reduced Quimby Park Dedication requirements in the Central City (Reduced from 5 acres per 1000 residents to 3.5 acres per 1000 residents)
  • Sewer Credit Program 
  • Property-Assessed Clean Energy (Pace) Financing Program
  • Financing for green improvements
  • The Housing Impact Fee is waived for high density housing and conversion from nonresidential to residential uses.
  • Sacramento Municipal Utility District (SMUD) Incentives:
    • Energy Efficiency and Residential Incentives 
    • Commercial Incentives 
    • Residential Loan Program 
    • Provide subject matter experts to assist project teams in designing LEED certified or zero-net energy housing products
    • Promote economic incentive rate discount to businesses that add new jobs in this zone – jobs that inherently result from the increased volume of housing
    • Sponsor community workshops to promote SMUD’s “SEED Business Program”
    • Sponsor community development or neighborhood improvement projects to beautify the central city zone, through public art, parks and recreation facility upgrades
    • Provide assistance to identify matching grants or funds to enhance the electrification of transportation, for the installation of electric vehicle charging stations in the zone, as well as identify matching funds or grants for “car-sharing” opportunities
    • Provide assistance to developers and builders in incorporating electric vehicle charging into the new housing stock
    • Provide assistance to individual customers seeking information regarding electric vehicles

Affordable Housing Incentives

SHRA partners with the City of Sacramento to administer local, state and federal funding for affordable housing. Below is a list of policies and resources that can support affordable housing developments:

Historic Preservation Incentives

There are many incentives for promoting the conservation and reuse of the City’s historic properties:

  • Listed historic resources:
    • The building may be used for a use not permitted in the zoning district (a zoning administrator conditional use permit is required) (17.232.130)
    • The building official is authorized to use the California Historical Building Code for potential flexibility with structural, accessibility and energy requirements when preserving historic features (17.604.710)
    • Preservation Director may waive up to 100% of required private open space (17.604.730)
    • A maximum density of one unit per 750 square feet is allowed (17.604.740)
    • Commercial and office uses are allowed in multi-family zones (17.604.750)
    • Off-street parking is not required for historic resources that are converted from nonresidential uses to residential uses (17.608.020)
  • Under the California Environmental Quality Act, eligible or listed historic resources can utilize Categorical Exemption 15331 Historical Resource Restoration/Rehabilitation when the project complies with the historic Standards.
  • Concurrent building plan check is permitted.
  • The project is potentially exempt from Site Plan & Design Review if it meets specific criteria for work involving siding, windows, exterior doors, HVAC equipment, electrical and solar panels, and re-roofs.
  • For properties that are listed in or eligible for listing in the National Register of Historic Places, the project may qualify for 20% federal Historic Rehabilitation Tax Credits, and if not eligible for listing in the National Register, a 10% federal credit may apply.
  • For unreinforced masonry structures, the State’s Seismic Retrofit Valuation Reduction Program may be helpful.

Downtown Developer Toolkit