City of Desert Hot Springs

Buyer seeks a qualified municipal finance consultant to develop a tax increment financing program that will support housing development in the downtown area. The program will fund public infrastructure improvements to promote affordable housing consistent with RHNA targets. The consultant will conduct feasibility studies, develop infrastructure plans, facilitate community outreach, and prepare documentation for district formation. The project aims to revitalize the downtown by securing funding for critical infrastructure that supports housing production and economic development.

• 6/10/2025 - RFP Issue Date
• 6/27/2025 - Deadline for Proposer Questions
• 7/3/2025 - City's Response to Questions
• 7/14/2025 - Proposal Due Date
• 8/15/2025 - Complete Evaluations of Proposals
• 9/2/2025 - City Council Approval (tentative)
• 9/15/2025 - Agreement Effective Date (tentative)

• Conduct tax increment financing feasibility study for downtown housing development
• Develop property tax revenue projections and bonding capacity analysis
• Create infrastructure funding list with estimated costs
• Form tax increment financing district with required documentation
• Facilitate community outreach and stakeholder engagement
• Develop Infrastructure Financing Plan with funding mechanisms
• Prepare resolutions for district formation and tax increment financing
• Create boundary maps and legal descriptions for financing district
• Conduct fiscal impact analysis for proposed infrastructure projects
• Lead public hearings and presentations for district approval