How is development of the HCP/NCCP being funded and will public financing be required to implement the Santa Clara Valley HCP/NCCP?
The costs for developing the HCP/NCCP are being funded by the Local Partners including the County of Santa Clara; the cities of San Jose, Gilroy and Morgan Hill; the Santa Clara Valley Water District, and the Santa Clara Valley Transportation Authority and by the federal Fish and Wildlife Service through habitat planning grants. Implementation of the HCP/NCCP will be partially funded by the Local Partners and private sector interests who need to obtain Endangered Species Act coverage for their projects. It is anticipated that both development-related fees and more broadly based revenue sources will be part of the funding plan. State and federal grants to implement parts of the HCP/NCCP are also anticipated.
