Kings Site Revival Plan Approved | Sacramento News

After a decade of silence since the Kings left, North Natomas is finally getting its big 171-acre site back on track—with a bold plan for housing, shops, and a major medical campus from California Northstate University. The city council is poised to approve a new Enhanced Infrastructure Financing District (EIFD) that will use future property tax revenue from the development to fund critical public infrastructure like roads, sewers, and traffic lights—without spending a dime upfront. This proven tool, used successfully in Aggie Square and the Railyards, aims to deliver on the long-promised economic boost while protecting taxpayer money: 80% of tax revenue funds public works, 20% goes to affordable housing, and payouts only kick in once major projects like the new hospital are built and hiring. Public hearings will follow, but this vote could be the crucial first step toward reviving the dormant site. 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/cb5080c982145050