CCDC Participation Program
The Participation Program is CCDC’s development assistance program and is designed to advance the aims of urban renewal and economic development in Downtown Boise, as well as goals identified for Downtown Boise as identified in the Boise City comprehensive plan, Blueprint Boise. The Program is crafted to be transparent, understandable, and responsive in order to encourage private investment in Downtown Boise.
The Participation Program is divided into 5 types:
Objective: This program Type will provide resources of up to $200,000 for public improvements and is intended to assist smaller projects on their own schedule, often triggered by a tenant improvement. The funding is based on a dollar for dollar match with the private developer’s investment.
Eligible Expenses: The Type 1 (T1) allows for assistance in legally eligible public improvements in the right-of-way or easement area. Eligible costs generally include:
- Curb, gutter, and sidewalk
- Street lights
- Street trees, tree grates, irrigation, and suspended paving systems where required
- Street furnishings, including benches, bike racks, bollards, and trash receptacles
- Awnings over public right of way that meet the criteria outlined in the Program Definitions
- Infrastructure in the right of way (streets, utilities, domestic water, geothermal water, sewer, power, phone, fiber) not including individual service lines
- Public art – when selected and approved by the City of Boise Arts and History Department
Ineligible expenses include: design and engineering, permitting, mobilization and overhead, land costs (including costs of land in easements, and dedicated rights of way), or a developer’s profit/overhead/administration fee. A general rule of thumb for what CCDC can pay for is “time/labor and materials.”
Reimbursement: T1 projects are paid after project completion as a one-time reimbursement. The reimbursement for eligible expenses are defined in the Type 1 Agreement, and is based on actual costs as documented after project completion.
Objective: Type 2 (T2) participation provides general assistance for public improvements and is intended to assist larger projects and include a broader scope of eligible costs. The T2 project Scorecard is a key feature of this assistance. The legal parcel(s) constitutes the site for a project. Scoring results are identified as Level A, B and C; with Level A being the highest scoring Level. Please note, the scorecard is used for downtown districts – Westside, 30th Street, River Myrtle-Old Boise, and Shoreline. Please talk to staff about scoring for Gateway East.
Download Scorecard HERE.
Eligible Expenses: for T2 participation include the following:
- Everything covered in the Type 1, and;
- Certain qualifying expenses for buildings relating to exterior façade restoration improvements for buildings deemed to be of significant historic and/or aesthetic value to the public and conditioned upon the donation and acceptance by the City of Boise of a perpetual building façade easement. All terms and conditions must be consistent with City of Boise requirements (ordinances, guidelines, or policies, etc.).
- Certain environmental remediation improvements as may be preparatory to construction are evaluated on a case by case basis. An example of an eligible environmental remediation cost would be the hard costs for the removal of an underground storage tank in the public right of way. Soft costs, such as environmental assessments and costs within a private building, such as asbestos abatement, are not eligible for general assistance.
- Public parks/plazas that are open to the public that are approved by the Boise City Parks and Recreation Department and in a perpetual open space easement.
Reimbursement: T2 projects are paid upon completion of the project for a determined period of time AFTER actual tax increment generated by the project has been received by the Agency. Affordable and Mixed-Income/Workforce rental housing projects can qualify for additional term if the project meets certain requirements as outlined in the Program Definitions. Generally, a project will see its first reimbursement check 18-24 months after project completion. Assistance is limited by the lesser of:
- The agreed upon eligible costs of the project or
- A portion of the project’s tax increment value as determined by its scorecard ranking for the qualified reimbursement term.
Actual legally eligible costs must be verified and approved by CCDC and will include only reasonably incurred costs. All costs must be verified through invoice documentation and a schedule of values.
Objective: The intent of the Type 3 (T3) assistance is to make available a more customized opportunity for transformative projects and to consider certain projects which don’t otherwise fit well into the other program types. T3 participation is available to assist large public or private projects that are deemed by the CCDC Board to be transformative in nature and of benefit to the community at large. In general, a transformative project is a higher value project that may include the construction of a significant public facility. The project should have a high likelihood of maintaining an enduring presence in the community. The goal for Intergovernmental/Public projects is to use limited district monies to leverage additional resources (federal, state, local, other) in the downtown revitalization effort. For example, matching a federal grant for construction of a project, or shared funding between intergovernmental units for construction of a public facility.
Criteria: The private to public investment ratio (private project cost divided by CCDC participation) for a transformative projects should generally be 6:1 or higher. For example a $60 million private project coupled with a $10 million public facility funded by CCDC would have a 6:1 private/public (CCDC) ratio).
Eligible Expenses: Private Projects: See Type 1 and Type 2 Intergovernmental/Public projects: More eligible expenses may include soft costs
Reimbursement: Private project reimbursement will be based on funding available and may follow the Type 2 protocol for scoring and reimbursement timing.
Objective: Type 4 (T4) participation coordinates CCDC-initiated Capital Improvement Plan (CIP) activities with construction activities of private development and/or other public agencies. The CIP is part of CCDC’s strategic planning and budgeting process. Adjusting, co-timing and/or accelerating CIP projects in coordination with private development can be beneficial and can create efficiencies in the construction of physical improvements. Projects eligible for T4 participation are generally those identified in the adopted CCDC CIP that is in effect and available on the CCDC website. The Board retains all discretion in determining the projects, timing, design, and locations of capital improvements.
CCDC can design, bid and build a CIP project independently of the private project or intergovernmental project. CCDC can also, in certain circumstances and subject to applicable law, sub-contract construction with a private development on a public project element.
Eligible Expenses: Eligible costs are capped based on the project budget in the adopted CIP, and must align with CCDC’s project implementation plan and goals.
Timing: Many of the timing elements of Type 4 assistance are determined on a case by case basis.
Reimbursement: Private projects will be reimbursed upon completion of the project after CCDC has verified cost documentation and inspected and approved the construction of the improvements. CCDC can enter into intergovernmental agreements to cooperatively participate in joint capital improvement projects.
Objective: Type 5 (T5) participation is the disposition of property owned by CCDC for a redevelopment purpose. The property disposition process is governed by state statute and differentiates between disposition to a for-profit or private use, to a non-profit, and to a public or governmental body. This program meets or exceeds the statutory requirements in providing for competitive processes in property disposition (not required for disposition of land to public entities).
Process: CCDC’s property disposition process for private/non-profit development use will involve a competitive process, typically a Request for Proposals and/or Qualifications (RFQ/P) process for properties. The RFP will provide conditions and requirements of the development project as determined by CCDC (i.e. type of project, housing income guidelines, design elements, etc.). Properties may be transferred to another public entity without an RFP and smaller remnant parcels may not warrant an RFP. This process may require a commercial appraisal, a re-use appraisal, and the proposed project will be in accordance with the applicable urban renewal plan and law. The details of each disposition may be differ based on the unique property being disposed of.
Eligible Expenses: A project may qualify for a reduction in land price up to an amount determined by a third party appraisal, which is based on the proposed project’s expenses and financial pro-forma. The disposition of any property for private or nonprofit development will be formalized in a Disposition and Development Agreement (DDA) which will require a determination of fair value for the proposed use, which may be stipulated or restricted, based on the property redevelopment objectives.