Fresno's SEDA Project Faces Big Financial Risks | Fresno News

Fresno’s mayor is pushing a bold $670 million infrastructure plan called South SEDA, but the math doesn’t add up—developers balk at the costs, and the city’s financial model ignores roads, water, and drainage. With a $439 million shortfall and no viable way to fund it without burdening residents’ utility bills, the whole project hinges on unrealistic density projections that haven’t been verified. If it fails, taxpayers could face higher bills—and the city council is about to decide whether to gamble on this risky development. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d2ecb6a236ac52c4