10 Guarantees for Solano County
The East Solano Homes, Jobs, and Clean Energy Initiative includes an unprecedented set of 10 guarantees.
#1 Solano Jobs Guarantee
We will bring 15,000 new jobs to the community that pay at least 125% of the average wage in Solano County.
The community won't be able to grow beyond 50,000 residents until we've fulfilled that commitment.
#2 Solano Homes for All
We will provide $400 million in community benefits funding to help Solano County residents buy homes in the new community, and to build more affordable homes.
If $300 million is allocated to the downpayment assistance, that's enough to provide 6,000 Solano families with $50,000 each towards their downpayment.
#3 Solano Scholarships
To ensure Solano County residents can take advantage of new jobs created by the new community, we will provide $70 million in community benefits funding to help Solano residents pay for college, vocational training, or to start or expand a small business.
#4 Green Solano
We are providing $30 million in community benefits funding for protecting open space and natural habitats, improving public parks and trails, and supporting Solano's agriculture economy, including family farms and agricultural workers.
We are excited to work with the Solano community to help identify priorities for this funding, to nurture our county's strong connection to its lands.
#5 Solano Downtowns
In addition to the $500 million in community benefit funding, we'll guarantee to invest $200 million in renovating or building homes, offices, shops, and other mixed-use buildings in downtown areas of Benicia, Dixon, Fairfield, Rio Vista. Suisun City, Vacaville, and Vallejo.
Through this guarantee, we'll become a part of invigorating buildings & businesses in the many wonderful downtowns of Solano cities.
#6 Smart Growth Guarantee
Our initial commitments are to provide $500 million in community benefits funding and $200 million for investments in Solano Downtowns over the build out towards 50,000 residents.
But our commitment to Solano does not end there. If our community grows beyond 50,000 residents, all of these financial commitments will continue to scale up in proportion to the growth of our community. We are excited to grow with Solano, and be a good neighbor for generations to come.
#7 Water Guarantee
Before the first brick is laid, we guarantee to prove our own water availability through the highly regulated, state-mandated process of Water Supply Assessment and Water Supply Verification.
This process is regulated by the state, and requires us to prove that we have actual water we can deliver to our households and employers, for many decades going forward, including during drought periods.
#8 Transportation Guarantee
We'll provide right of way for upgrades to Highways 12 and 113, including the Rio Vista and Dixon bypass, and pay more than our proportionate share of cost to do those upgrades.
#9 Schools Guarantee
We guarantee that we won't just pay developer impact fees that leave school districts in a tough place, with new students overcrowding facilities. Instead, we commit to build 100% of our own schools, in the community, from day one.
Our community will still remain in the existing school districts – we just guarantee that we will build new schools by the time the first children move in.
#10 Solano Taxpayer Guarantee
Our project will pay its own way through the tax revenue it generates. We commit that the infrastructure, public facilities, and services required to serve our project will be constructed and operated at no cost to Solano taxpayers, except for those who live in the new community. This guarantee is built into the initiative in multiple places, and as with all of our ten guarantees, it is legally binding.