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. Apr 1, 2021 CMFA Completes the Issuance of $32,700,000 in Bonds for North Harbor Village
  2. Mar 31, 2021 CMFA Completes the Issuance of $137,775,000 in Bonds for The Mix Apartments
  3. Mar 26, 2021 CMFA Completes the Issuance of $11,029,977 in Bonds for Ecole Bilingue de Berkeley
  4. Mar 12, 2021 The CMFA Issues $46,665,000 in Low Cost, Tax-Exempt Financing for Foothill Villas
  5. Mar 9, 2021 CMFA Completes the Issuance of $9,050,000 in Bonds for The Learning Choice Academy
  6. Feb 4, 2021 The CMFA Issues $65,505,000 in Bonds for Community Health Centers of the Central Coast
  7. Feb 1, 2021 The CMFA Issues $29,153,930 in Low Cost, Tax-Exempt Financing for Madison Park Apartments
  8. Feb 1, 2021 CMFA Completes the Issuance of $29,337,809 in Bonds for Grand View Village
  9. Jan 29, 2021 The CMFA Issues $8,200,000 in Low Cost, Tax-Exempt Financing for Villa Lakeshore Apartments
  10. Jan 26, 2021 CMFA Completes the Issuance of $89,100,000 in Bonds for VA Oceanside Clinic Project
  11. Jan 22, 2021 CMFA Completes the Issuance of $45,000,000 in Bonds for Barlow Respiratory Hospital
  12. Jan 21, 2021 CMFA Completes the Issuance of $28,715,000 in Bonds for Palomar Health
  13. Jan 21, 2021 The CMFA Issues $4,106,000 in Low Cost, Tax-Exempt Financing for Trinity School
  14. Dec 30, 2020 The CMFA Issues $17,410,000 in Low Cost, Tax-Exempt Financing for Windsor Mobile County Club
  15. Dec 22, 2020 The CMFA Issues $10,245,000 in Bonds for STREAM Charter School
  16. Dec 17, 2020 The CMFA Issues $23,000,000 in Low Cost, Tax-Exempt Financing for The Buckley School
  17. Dec 17, 2020 CMFA Completes the Issuance of $29,500,000 in Bonds for Simpson University
  18. Dec 8, 2020 CMFA Completes the Issuance of $3,611,811 in Bonds for Pacific Primary School
  19. Dec 1, 2020 The CMFA Issues $14,500,000 in Low Cost, Tax-Exempt Financing for YMCA of Silicon Valley
  20. Nov 25, 2020 CMFA Completes the Issuance of $29,585,881 in Bonds for Las Terrazas Apartments
  21. Nov 24, 2020 The CMFA Issues $15,900,000 in Low Cost, Tax-Exempt Financing for The Plateau Apartments
  22. Nov 20, 2020 CMFA Completes the Issuance of $10,000,000 in Bonds for Willowglen Apartments
  23. Nov 20, 2020 The CMFA Issues $10,350,000 in Bonds for Poway Commons Apartments
  24. Nov 20, 2020
  25. Nov 20, 2020 The CMFA Issues $39,559,500 in Low Cost, Tax-Exempt Financing for 3706 San Pablo Apartments
  26. Nov 19, 2020 CMFA Issues $3,200,000 in Bonds for Vocational Visions
  27. Nov 18, 2020 CMFA Issues $13,590,000 in Bonds for La Maestra Community Health Centers
  28. Nov 18, 2020 CMFA Completes the Issuance of $31,134,444 in Bonds for La Prensa Libre Apartments
  29. Nov 13, 2020 The CMFA Issues $10,511,247 in Low Cost, Tax-Exempt Financing for Countryside II Apartments
  30. Nov 12, 2020 CMFA Completes the Issuance of $36,860,000 in Bonds for University of the Pacific
  31. Nov 9, 2020 CMFA Issues $28,343,408 in Bonds for Mission Heritage Plaza Apartments
  32. Nov 5, 2020 CMFA Completes the Issuance of $16,700,000 in Bonds for Worthington La Luna Family Apartments
  33. Oct 30, 2020 The CMFA Issues $12,000,000 in Low Cost, Tax-Exempt Financing for Keys School
  34. Oct 30, 2020 The CMFA Issues $15,865,000 in Low Cost, Tax-Exempt Financing for Villa Raymond Apartments
  35. Oct 28, 2020 CMFA Completes the Issuance of $80,245,000 in Bonds for HumanGood
  36. Oct 28, 2020 CMFA Issues $40,365,251 in Bonds for Mountain View Apartments
  37. Oct 23, 2020 The CMFA Issues $23,817,500 in Low Cost, Tax-Exempt Financing for Wilton Court Apartments
  38. Oct 23, 2020 CMFA Completes the Issuance of $26,945,000 in Bonds for Pueblo Viejo Villas Apartments
  39. Oct 21, 2020 CMFA Issues $12,588,000 in Bonds for The Bosco Apartments
  40. Oct 20, 2020 The CMFA Issues $100,000,000 in Low Cost, Tax-Exempt Financing for Scripps College
  41. Oct 16, 2020 The CMFA Completes the Issuance of $7,489,642 in Bonds for Sequoia Commons II
  42. Oct 15, 2020 CMFA Issues $15,294,223 in Bonds for Mutual Housing at 5th Street
  43. Oct 14, 2020 The CMFA Completes the Issuance of $7,489,642 in Bonds for Marin Horizon School
  44. Oct 14, 2020 The CMFA Issues $9,145,000 in Low Cost, Tax-Exempt Financing for West County Health Center
  45. Oct 6, 2020 CMFA Issues $205,500,000 in Bonds for FBI
  46. Oct 1, 2020 CMFA Completes the Issuance of $150,000,000 in Bonds for Waste Management
  47. Sep 30, 2020 The CMFA Issues $5,600,000 in Low Cost, Tax-Exempt Financing for Fairbanks Terrace II Apartments
  48. Sep 30, 2020 CMFA Issues $18,000,000 in Bonds for Boyd Street Apartments
  49. Sep 29, 2020 CMFA Completes the Issuance of $29,100,000 in Bonds for Coliseum Connections Transit Village Apartments
  50. Sep 18, 2020 The CMFA Issues $10,010,000 in Low Cost, Tax-Exempt Financing for St. Andrew’s School
  51. Sep 18, 2020 CMFA Issues $12,505,995 in Tax-Exempt Financing for Windsor Pointe Apartments
  52. Sep 17, 2020 The CMFA Issues $18,270,000 in Low Cost, Tax-Exempt Financing for Maranatha High School
  53. Sep 16, 2020 CMFA Issues $32,000,000 in Tax-Exempt Financing for Pitzer College
  54. Sep 15, 2020 CMFA Completes the Issuance of $55,000,000 in Bonds for OneLegacy
  55. Sep 11, 2020 The CMFA Issues $18,100,000 in Low Cost, Tax-Exempt Financing for Plaza De Cabrillo Apartments
  56. Sep 3, 2020 CMFA Completes the Issuance of $20,276,749 in Bonds for River City Senior Apartments
  57. Sep 2, 2020 CMFA Issues $25,000,000 in Tax-Exempt Financing for The Harker School
  58. Sep 1, 2020 The CMFA Issues $13,880,000 in Low Cost, Tax-Exempt Financing for The Bosco Apartments
  59. Sep 1, 2020 CMFA Completes the Issuance of $30,000,000 in Bonds for the Center for Early Education
  60. Sep 1, 2020 CMFA Issues $6,300,000 in Tax-Exempt Financing for El Dorado Family Apartments
  61. Aug 27, 2020 The CMFA Issues $65,000,000 in Low Cost, Tax-Exempt Financing for Point Loma Nazarene University
  62. Aug 27, 2020 CMFA Issues $6,600,000 in Tax-Exempt Financing for Highlands Community Charter & Technical Schools
  63. Aug 27, 2020 The CMFA Issues $4,300,000 in Low Cost, Tax-Exempt Financing for Cinnamon Villas II Apartments
  64. Aug 21, 2020 CMFA Completes the Issuance of $17,264,663 in Bonds for Sugar Pine Village Apartments
  65. Aug 14, 2020 CMFA Issues $38,680,982 in Tax-Exempt Financing for Frank G Mar Apartments
  66. Aug 14, 2020 The CMFA Issues $37,907,000 in Low Cost, Tax-Exempt Financing for Castle Argyle Apartments
  67. Aug 13, 2020 CMFA Completes the Issuance of $13,265,000 in Bonds for Jordan Court Apartments
  68. Aug 11, 2020 The CMFA Issues $40,322,758 in Low Cost, Tax-Exempt Financing for Rosefield Village Apartments
  69. Aug 10, 2020 CMFA Completes the Issuance of $35,000,000 in Bonds for the Zoological Society of San Diego
  70. Aug 10, 2020 CMFA Issues $45,523,000 in Tax-Exempt Financing for Firehouse Square Apartments
  71. Jul 31, 2020 The CMFA Issues $42,610,000 in Low Cost, Tax-Exempt Financing for Brethren Hillcrest Homes
  72. Jul 30, 2020 CMFA Issues $67,981,405 in Tax-Exempt Financing for Foon Lok West Apartments
  73. Jul 28, 2020 CMFA Completes the Issuance of $16,136,461 in Bonds for Downtown Madera Veterans & Family Housing
  74. Jul 28, 2020 CMFA Issues $22,000,000 in Tax-Exempt Financing for Ocotillo Springs Apartments
  75. Jul 24, 2020 The CMFA Issues $21,166,830 in Low Cost, Tax-Exempt Financing for Cathedral Palms Senior Apartments
  76. Jul 16, 2020 The CMFA Issues $3,000,000 in Low Cost, Tax-Exempt Financing for Sequoyah Educational Center
  77. Jul 15, 2020 CMFA Completes the Issuance of $24,640,000 in Bonds for the Windward School
  78. Jul 2, 2020 CMFA Issues $38,420,923 in Tax-Exempt Financing for Berkeley Way Apartments
  79. Jul 2, 2020 The CMFA Issues $18,037,401 in Low Cost, Tax-Exempt Financing for BFHP Hope Center Apartments
  80. Jun 30, 2020 CMFA Completes the Issuance of $6,500,000 in Bonds for River Springs Charter Schools
  81. Jun 30, 2020 CMFA Completes the Issuance of $47,622,526 in Bonds for Village Pointe Apartments
  82. Jun 30, 2020 The CMFA Issues $66,230,000 in Low Cost, Tax-Exempt Financing for Claremont Graduate University
  83. Jun 30, 2020 CMFA Issues $85,000,000 in Tax-Exempt Financing for Century Housing
  84. Jun 29, 2020 CMFA Completes the Issuance of $32,881,013 in Bonds for Alameda Point Family Apartments
  85. Jun 25, 2020 The CMFA Issues $3,500,000 in Low Cost, Tax-Exempt Financing for Empire Springs Charter Schools
  86. Jun 25, 2020 CMFA Completes the Issuance of $28,000,000 in Bonds for 950 El Camino Real
  87. Jun 19, 2020 CMFA Issues $8,125,728 in Tax-Exempt Financing for Walnut Studios Apartments
  88. Jun 11, 2020 The CMFA Commercial PACE Program Issues $4,329,500 in Property Assessed Clean Energy Bonds
  89. Jun 4, 2020 CMFA Issues $6,000,000 in Tax-Exempt Financing for Sycamore Ridge Family Apartments
  90. Jun 2, 2020 CMFA Completes the Issuance of $45,000,000 in Bonds for Harbor Day School
  91. May 28, 2020 The CMFA Issues $6,300,000 in Low Cost, Tax-Exempt Financing for Ukiah Senior Apartments
  92. May 28, 2020 CMFA Issues $13,115,700 in Tax-Exempt Financing for Woodbridge Apartments
  93. Apr 29, 2020 CMFA Completes the Issuance of $9,000,000 in Bonds for Kensington Homes Apartments
  94. Apr 27, 2020 The CMFA Issues $18,425,000 in Low Cost, Tax-Exempt Financing for Inland Christian Home
  95. Apr 24, 2020 CMFA Completes the Issuance of $17,000,000 in Bonds for Vintage at Sycamore Apartments
  96. Apr 23, 2020 CMFA Issues $20,891,000 in Tax-Exempt Financing for Manzanita Family Apartments
  97. Apr 15, 2020 The CMFA Issues $22,500,000 in Low Cost, Tax-Exempt Financing for Lycee Francais de San Francisco
  98. Apr 13, 2020 The CMFA Commercial PACE Program Issues $962,000 in Property Assessed Clean Energy Bonds
  99. Apr 7, 2020 CMFA Completes the Issuance of $20,000,000 in Bonds for The Buckley School
  100. Apr 7, 2020 CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments
  101. Apr 6, 2020 The CMFA Issues $12,730,000 in Low Cost, Tax-Exempt Financing for Bloom at Magnolia Apartments
  102. Mar 31, 2020 CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments
  103. Mar 31, 2020 CMFA Issues $10,638,488 in Tax-Exempt Financing for Old Elm Village
  104. Mar 25, 2020 CMFA Completes the Issuance of $54,335,231 in Bonds for Quail Run Apartments
  105. Mar 23, 2020 The CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments
  106. Mar 19, 2020 CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real
  107. Mar 18, 2020 The CMFA Issues $53,495,000 in Low Cost, Tax-Exempt Financing for Harvey Mudd College
  108. Mar 13, 2020 CMFA Completes the Issuance of $12,756,04 in Bonds for Mission Village II Apartments
  109. Feb 27, 2020 The CMFA Bond Opportunities for Local Development (BOLD) Program issues $7,685,000 in Special Tax Revenue Bonds
  110. Feb 24, 2020 CMFA Issues $21,290,120 in Tax-Exempt Financing for Windsor Gardens
  111. Feb 13, 2020 The CMFA Issues additional $2,000,000 of Tax-Exempt Financing for Cottage Village Senior Apartments
  112. Feb 13, 2020 CMFA Completes the Issuance of $8,345,000 in Bonds for Royal York Estates Mobile Home Park
  113. Feb 7, 2020 The CMFA PACE Program Issues $1,195,650 in Property Assessed Clean Energy Bonds
  114. Jan 10, 2020 The CMFA Issues $33,172,838 in Low Cost, Tax-Exempt Financing for Coliseum Place Apartments
  115. 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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