Developer Incentives

  1. Financing
  2. New Markets Tax Credits
  3. Housing
  4. Historic Preservation
  5. Energy Efficiency 

Opportunity Zones in Napa

City of Napa Opportunity Zone Map Opens in new window

Created as part of the 2017 Tax Cuts and Jobs Act, Opportunity Zones were created to direct long-term capital into low-income communities across the U.S., with tax incentives designed to attract private investment into designated census tracts through the use of managed investment funds. The tax breaks are intended to attract funding for start-ups, housing developments and other economic activity that might not otherwise find its way in these designated zones established by the state. View The City of Napa's Opportunity Zones by clicking here.  

Developer Financing Resources

The State of California Department of Housing and Community Development makes loans or grants available through more than 20 programs for:

  • construction, acquisition, rehabilitation, and preservation of affordable rental and ownership housing, homeless shelters, and transitional housing;
  • construction of public facilities and infrastructure;
  • construction and rehabilitation of parks linked to affordable housing projects;
  • economic development assistance to increase availability of jobs for lower income workers. 

CDFI Financing

CDFIs (community development financial institutions) are mission-driven financial institutions that serve communities and individuals that mainstream financial institutions may not finance. Click here to find a CDFI near you.