The CMFA Difference

Cost Effective, Responsive, Flexible and Community Focused

The CMFA is the only financing authority which has granted over $25M dollars directly to local governments and 501c3 nonprofit organizations during the past sixteen years

Donations through the CFSC by Category (2004 – 2021)

Arts, Culture, and Humanities – $622,254
Education – $1,771,219
Environment and Animal Welfare – $260,417
Health – $1,863,976
Human Services: Including Child Welfare, Domestic Violence Services and Homeless Services – $10,069,149
Public/Social Benefit – $2,407,269
Miscellaneous – $533,466
Total – $17,527,750

  • Charitable Giving

    By supporting our member communities and their local charities, the CMFA is able to directly contribute to the health and welfare of the residents of California. Over $20 million of charitable donations have been given to worthy California non-profits thanks to the CMFA fee sharing.

    Charities we have supported

  • Financing Programs

    The CMFA’s programs are created to strengthen local communities by assisting with the financing of economic development, public benefit and charitable activities throughout the State of California.

    Learn about our programs

  • Past Projects

    The CMFA has helped finance hundreds of public benefit projects including affordable housing, cultural, economic development, education, healthcare and pollution control projects.

    See our projects

Independent Registered Municipal Advisor Exemption

By publicly posting the following written disclosure, the CMFA intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule. The CMFA has retained an independent registered municipal advisor. The CMFA is represented by and will rely on its municipal advisor Sierra Management Group, LLC to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products. This certificate may be relied upon until December 31, 2022. Proposals may be addressed to the CMFA.

Latest News

  1. Jan 21, 2021 The CMFA Issues $4,106,000 in Low Cost, Tax-Exempt Financing for Trinity School
  2. Dec 30, 2020 The CMFA Issues $17,410,000 in Low Cost, Tax-Exempt Financing for Windsor Mobile County Club
  3. Dec 22, 2020 The CMFA Issues $10,245,000 in Bonds for STREAM Charter School
  4. Dec 17, 2020 The CMFA Issues $23,000,000 in Low Cost, Tax-Exempt Financing for The Buckley School
  5. Dec 17, 2020 CMFA Completes the Issuance of $29,500,000 in Bonds for Simpson University
  6. Dec 8, 2020 CMFA Completes the Issuance of $3,611,811 in Bonds for Pacific Primary School
  7. Dec 1, 2020 The CMFA Issues $14,500,000 in Low Cost, Tax-Exempt Financing for YMCA of Silicon Valley
  8. Nov 25, 2020 CMFA Completes the Issuance of $29,585,881 in Bonds for Las Terrazas Apartments
  9. Nov 24, 2020 The CMFA Issues $15,900,000 in Low Cost, Tax-Exempt Financing for The Plateau Apartments
  10. Nov 20, 2020 CMFA Completes the Issuance of $10,000,000 in Bonds for Willowglen Apartments
  11. Nov 20, 2020 The CMFA Issues $10,350,000 in Bonds for Poway Commons Apartments
  12. Nov 20, 2020
  13. Nov 20, 2020 The CMFA Issues $39,559,500 in Low Cost, Tax-Exempt Financing for 3706 San Pablo Apartments
  14. Nov 19, 2020 CMFA Issues $3,200,000 in Bonds for Vocational Visions
  15. Nov 18, 2020 CMFA Issues $13,590,000 in Bonds for La Maestra Community Health Centers
  16. Nov 18, 2020 CMFA Completes the Issuance of $31,134,444 in Bonds for La Prensa Libre Apartments
  17. Nov 13, 2020 The CMFA Issues $10,511,247 in Low Cost, Tax-Exempt Financing for Countryside II Apartments
  18. Nov 12, 2020 CMFA Completes the Issuance of $36,860,000 in Bonds for University of the Pacific
  19. Nov 9, 2020 CMFA Issues $28,343,408 in Bonds for Mission Heritage Plaza Apartments
  20. Nov 5, 2020 CMFA Completes the Issuance of $16,700,000 in Bonds for Worthington La Luna Family Apartments
  21. Oct 30, 2020 The CMFA Issues $12,000,000 in Low Cost, Tax-Exempt Financing for Keys School
  22. Oct 30, 2020 The CMFA Issues $15,865,000 in Low Cost, Tax-Exempt Financing for Villa Raymond Apartments
  23. Oct 28, 2020 CMFA Completes the Issuance of $80,245,000 in Bonds for HumanGood
  24. Oct 28, 2020 CMFA Issues $40,365,251 in Bonds for Mountain View Apartments
  25. Oct 23, 2020 The CMFA Issues $23,817,500 in Low Cost, Tax-Exempt Financing for Wilton Court Apartments
  26. Oct 23, 2020 CMFA Completes the Issuance of $26,945,000 in Bonds for Pueblo Viejo Villas Apartments
  27. Oct 21, 2020 CMFA Issues $12,588,000 in Bonds for The Bosco Apartments
  28. Oct 20, 2020 The CMFA Issues $100,000,000 in Low Cost, Tax-Exempt Financing for Scripps College
  29. Oct 16, 2020 The CMFA Completes the Issuance of $7,489,642 in Bonds for Sequoia Commons II
  30. Oct 15, 2020 CMFA Issues $15,294,223 in Bonds for Mutual Housing at 5th Street
  31. Oct 14, 2020 The CMFA Completes the Issuance of $7,489,642 in Bonds for Marin Horizon School
  32. Oct 14, 2020 The CMFA Issues $9,145,000 in Low Cost, Tax-Exempt Financing for West County Health Center
  33. Oct 6, 2020 CMFA Issues $205,500,000 in Bonds for FBI
  34. Oct 1, 2020 CMFA Completes the Issuance of $150,000,000 in Bonds for Waste Management
  35. Sep 30, 2020 The CMFA Issues $5,600,000 in Low Cost, Tax-Exempt Financing for Fairbanks Terrace II Apartments
  36. Sep 30, 2020 CMFA Issues $18,000,000 in Bonds for Boyd Street Apartments
  37. Sep 29, 2020 CMFA Completes the Issuance of $29,100,000 in Bonds for Coliseum Connections Transit Village Apartments
  38. Sep 18, 2020 The CMFA Issues $10,010,000 in Low Cost, Tax-Exempt Financing for St. Andrew’s School
  39. Sep 18, 2020 CMFA Issues $12,505,995 in Tax-Exempt Financing for Windsor Pointe Apartments
  40. Sep 17, 2020 The CMFA Issues $18,270,000 in Low Cost, Tax-Exempt Financing for Maranatha High School
  41. Sep 16, 2020 CMFA Issues $32,000,000 in Tax-Exempt Financing for Pitzer College
  42. Sep 15, 2020 CMFA Completes the Issuance of $55,000,000 in Bonds for OneLegacy
  43. Sep 11, 2020 The CMFA Issues $18,100,000 in Low Cost, Tax-Exempt Financing for Plaza De Cabrillo Apartments
  44. Sep 3, 2020 CMFA Completes the Issuance of $20,276,749 in Bonds for River City Senior Apartments
  45. Sep 2, 2020 CMFA Issues $25,000,000 in Tax-Exempt Financing for The Harker School
  46. Sep 1, 2020 The CMFA Issues $13,880,000 in Low Cost, Tax-Exempt Financing for The Bosco Apartments
  47. Sep 1, 2020 CMFA Completes the Issuance of $30,000,000 in Bonds for the Center for Early Education
  48. Sep 1, 2020 CMFA Issues $6,300,000 in Tax-Exempt Financing for El Dorado Family Apartments
  49. Aug 27, 2020 The CMFA Issues $65,000,000 in Low Cost, Tax-Exempt Financing for Point Loma Nazarene University
  50. Aug 27, 2020 CMFA Issues $6,600,000 in Tax-Exempt Financing for Highlands Community Charter & Technical Schools
  51. Aug 27, 2020 The CMFA Issues $4,300,000 in Low Cost, Tax-Exempt Financing for Cinnamon Villas II Apartments
  52. Aug 21, 2020 CMFA Completes the Issuance of $17,264,663 in Bonds for Sugar Pine Village Apartments
  53. Aug 14, 2020 CMFA Issues $38,680,982 in Tax-Exempt Financing for Frank G Mar Apartments
  54. Aug 14, 2020 The CMFA Issues $37,907,000 in Low Cost, Tax-Exempt Financing for Castle Argyle Apartments
  55. Aug 13, 2020 CMFA Completes the Issuance of $13,265,000 in Bonds for Jordan Court Apartments
  56. Aug 11, 2020 The CMFA Issues $40,322,758 in Low Cost, Tax-Exempt Financing for Rosefield Village Apartments
  57. Aug 10, 2020 CMFA Completes the Issuance of $35,000,000 in Bonds for the Zoological Society of San Diego
  58. Aug 10, 2020 CMFA Issues $45,523,000 in Tax-Exempt Financing for Firehouse Square Apartments
  59. Jul 31, 2020 The CMFA Issues $42,610,000 in Low Cost, Tax-Exempt Financing for Brethren Hillcrest Homes
  60. Jul 30, 2020 CMFA Issues $67,981,405 in Tax-Exempt Financing for Foon Lok West Apartments
  61. Jul 28, 2020 CMFA Completes the Issuance of $16,136,461 in Bonds for Downtown Madera Veterans & Family Housing
  62. Jul 28, 2020 CMFA Issues $22,000,000 in Tax-Exempt Financing for Ocotillo Springs Apartments
  63. Jul 24, 2020 The CMFA Issues $21,166,830 in Low Cost, Tax-Exempt Financing for Cathedral Palms Senior Apartments
  64. Jul 16, 2020 The CMFA Issues $3,000,000 in Low Cost, Tax-Exempt Financing for Sequoyah Educational Center
  65. Jul 15, 2020 CMFA Completes the Issuance of $24,640,000 in Bonds for the Windward School
  66. Jul 2, 2020 CMFA Issues $38,420,923 in Tax-Exempt Financing for Berkeley Way Apartments
  67. Jul 2, 2020 The CMFA Issues $18,037,401 in Low Cost, Tax-Exempt Financing for BFHP Hope Center Apartments
  68. Jun 30, 2020 CMFA Completes the Issuance of $6,500,000 in Bonds for River Springs Charter Schools
  69. Jun 30, 2020 CMFA Completes the Issuance of $47,622,526 in Bonds for Village Pointe Apartments
  70. Jun 30, 2020 The CMFA Issues $66,230,000 in Low Cost, Tax-Exempt Financing for Claremont Graduate University
  71. Jun 30, 2020 CMFA Issues $85,000,000 in Tax-Exempt Financing for Century Housing
  72. Jun 29, 2020 CMFA Completes the Issuance of $32,881,013 in Bonds for Alameda Point Family Apartments
  73. Jun 25, 2020 The CMFA Issues $3,500,000 in Low Cost, Tax-Exempt Financing for Empire Springs Charter Schools
  74. Jun 25, 2020 CMFA Completes the Issuance of $28,000,000 in Bonds for 950 El Camino Real
  75. Jun 19, 2020 CMFA Issues $8,125,728 in Tax-Exempt Financing for Walnut Studios Apartments
  76. Jun 11, 2020 The CMFA Commercial PACE Program Issues $4,329,500 in Property Assessed Clean Energy Bonds
  77. Jun 4, 2020 CMFA Issues $6,000,000 in Tax-Exempt Financing for Sycamore Ridge Family Apartments
  78. Jun 2, 2020 CMFA Completes the Issuance of $45,000,000 in Bonds for Harbor Day School
  79. May 28, 2020 The CMFA Issues $6,300,000 in Low Cost, Tax-Exempt Financing for Ukiah Senior Apartments
  80. May 28, 2020 CMFA Issues $13,115,700 in Tax-Exempt Financing for Woodbridge Apartments
  81. Apr 29, 2020 CMFA Completes the Issuance of $9,000,000 in Bonds for Kensington Homes Apartments
  82. Apr 27, 2020 The CMFA Issues $18,425,000 in Low Cost, Tax-Exempt Financing for Inland Christian Home
  83. Apr 24, 2020 CMFA Completes the Issuance of $17,000,000 in Bonds for Vintage at Sycamore Apartments
  84. Apr 23, 2020 CMFA Issues $20,891,000 in Tax-Exempt Financing for Manzanita Family Apartments
  85. Apr 15, 2020 The CMFA Issues $22,500,000 in Low Cost, Tax-Exempt Financing for Lycee Francais de San Francisco
  86. Apr 13, 2020 The CMFA Commercial PACE Program Issues $962,000 in Property Assessed Clean Energy Bonds
  87. Apr 7, 2020 CMFA Completes the Issuance of $20,000,000 in Bonds for The Buckley School
  88. Apr 7, 2020 CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments
  89. Apr 6, 2020 The CMFA Issues $12,730,000 in Low Cost, Tax-Exempt Financing for Bloom at Magnolia Apartments
  90. Mar 31, 2020 CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments
  91. Mar 31, 2020 CMFA Issues $10,638,488 in Tax-Exempt Financing for Old Elm Village
  92. Mar 25, 2020 CMFA Completes the Issuance of $54,335,231 in Bonds for Quail Run Apartments
  93. Mar 23, 2020 The CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments
  94. Mar 19, 2020 CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real
  95. Mar 18, 2020 The CMFA Issues $53,495,000 in Low Cost, Tax-Exempt Financing for Harvey Mudd College
  96. Mar 13, 2020 CMFA Completes the Issuance of $12,756,04 in Bonds for Mission Village II Apartments
  97. Feb 27, 2020 The CMFA Bond Opportunities for Local Development (BOLD) Program issues $7,685,000 in Special Tax Revenue Bonds
  98. Feb 24, 2020 CMFA Issues $21,290,120 in Tax-Exempt Financing for Windsor Gardens
  99. Feb 13, 2020 The CMFA Issues additional $2,000,000 of Tax-Exempt Financing for Cottage Village Senior Apartments
  100. Feb 13, 2020 CMFA Completes the Issuance of $8,345,000 in Bonds for Royal York Estates Mobile Home Park
  101. Feb 7, 2020 The CMFA PACE Program Issues $1,195,650 in Property Assessed Clean Energy Bonds
  102. Jan 10, 2020 The CMFA Issues $33,172,838 in Low Cost, Tax-Exempt Financing for Coliseum Place Apartments
  103. Jan 30, 2019 The CMFA Ranked 14th Municipal Issuer in the Country in The Bond Buyer’s, “Top 25 muni issuers of 2018”

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