The CMFA Difference

Cost Effective, Responsive, Flexible and Community Focused

The CMFA is the only financing authority which has granted over $20M dollars directly to local governments and 501c3 nonprofit organizations during the past twelve years

Donations through the CFSC by Category (2004 – 2020)

Arts, Culture, and Humanities – $622,254
Education – $1,248,726
Environment and Animal Welfare – $260,417
Health – $1,341,483
Human Services: Including Child Welfare, Domestic Violence Services and Homeless Services – $9,024,162
Public/Social Benefit – $2,402,266
Miscellaneous – $533,466
Total – $15,432,775

  • 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. Sep 30, 2020 The CMFA Issues $5,600,000 in Low Cost, Tax-Exempt Financing for Fairbanks Terrace II Apartments
  2. Sep 30, 2020 CMFA Issues $18,000,000 in Bonds for Boyd Street Apartments
  3. Sep 29, 2020 CMFA Completes the Issuance of $29,100,000 in Bonds for Coliseum Connections Transit Village Apartments
  4. Sep 18, 2020 The CMFA Issues $10,010,000 in Low Cost, Tax-Exempt Financing for St. Andrew’s School
  5. Sep 18, 2020 CMFA Issues $12,505,995 in Tax-Exempt Financing for Windsor Pointe Apartments
  6. Sep 17, 2020 The CMFA Issues $18,270,000 in Low Cost, Tax-Exempt Financing for Maranatha High School
  7. Sep 16, 2020 CMFA Issues $32,000,000 in Tax-Exempt Financing for Pitzer College
  8. Sep 15, 2020 CMFA Completes the Issuance of $55,000,000 in Bonds for OneLegacy
  9. Sep 11, 2020 The CMFA Issues $18,100,000 in Low Cost, Tax-Exempt Financing for Plaza De Cabrillo Apartments
  10. Sep 3, 2020 CMFA Completes the Issuance of $20,276,749 in Bonds for River City Senior Apartments
  11. Sep 2, 2020 CMFA Issues $25,000,000 in Tax-Exempt Financing for The Harker School
  12. Sep 1, 2020 The CMFA Issues $13,880,000 in Low Cost, Tax-Exempt Financing for The Bosco Apartments
  13. Sep 1, 2020 CMFA Completes the Issuance of $30,000,000 in Bonds for the Center for Early Education
  14. Sep 1, 2020 CMFA Issues $6,300,000 in Tax-Exempt Financing for El Dorado Family Apartments
  15. Aug 27, 2020 The CMFA Issues $65,000,000 in Low Cost, Tax-Exempt Financing for Point Loma Nazarene University
  16. Aug 27, 2020 CMFA Issues $6,600,000 in Tax-Exempt Financing for Highlands Community Charter & Technical Schools
  17. Aug 27, 2020 The CMFA Issues $4,300,000 in Low Cost, Tax-Exempt Financing for Cinnamon Villas II Apartments
  18. Aug 21, 2020 CMFA Completes the Issuance of $17,264,663 in Bonds for Sugar Pine Village Apartments
  19. Aug 14, 2020 CMFA Issues $38,680,982 in Tax-Exempt Financing for Frank G Mar Apartments
  20. Aug 14, 2020 The CMFA Issues $37,907,000 in Low Cost, Tax-Exempt Financing for Castle Argyle Apartments
  21. Aug 13, 2020 CMFA Completes the Issuance of $13,265,000 in Bonds for Jordan Court Apartments
  22. Aug 11, 2020 The CMFA Issues $40,322,758 in Low Cost, Tax-Exempt Financing for Rosefield Village Apartments
  23. Aug 10, 2020 CMFA Completes the Issuance of $35,000,000 in Bonds for the Zoological Society of San Diego
  24. Aug 10, 2020 CMFA Issues $45,523,000 in Tax-Exempt Financing for Firehouse Square Apartments
  25. Jul 31, 2020 The CMFA Issues $42,610,000 in Low Cost, Tax-Exempt Financing for Brethren Hillcrest Homes
  26. Jul 30, 2020 CMFA Issues $67,981,405 in Tax-Exempt Financing for Foon Lok West Apartments
  27. Jul 28, 2020 CMFA Completes the Issuance of $16,136,461 in Bonds for Downtown Madera Veterans & Family Housing
  28. Jul 28, 2020 CMFA Issues $22,000,000 in Tax-Exempt Financing for Ocotillo Springs Apartments
  29. Jul 24, 2020 The CMFA Issues $21,166,830 in Low Cost, Tax-Exempt Financing for Cathedral Palms Senior Apartments
  30. Jul 16, 2020 The CMFA Issues $3,000,000 in Low Cost, Tax-Exempt Financing for Sequoyah Educational Center
  31. Jul 15, 2020 CMFA Completes the Issuance of $24,640,000 in Bonds for the Windward School
  32. Jul 2, 2020 CMFA Issues $38,420,923 in Tax-Exempt Financing for Berkeley Way Apartments
  33. Jul 2, 2020 The CMFA Issues $18,037,401 in Low Cost, Tax-Exempt Financing for BFHP Hope Center Apartments
  34. Jun 30, 2020 CMFA Completes the Issuance of $6,500,000 in Bonds for River Springs Charter Schools
  35. Jun 30, 2020 CMFA Completes the Issuance of $47,622,526 in Bonds for Village Pointe Apartments
  36. Jun 30, 2020 The CMFA Issues $66,230,000 in Low Cost, Tax-Exempt Financing for Claremont Graduate University
  37. Jun 30, 2020 CMFA Issues $85,000,000 in Tax-Exempt Financing for Century Housing
  38. Jun 29, 2020 CMFA Completes the Issuance of $32,881,013 in Bonds for Alameda Point Family Apartments
  39. Jun 25, 2020 The CMFA Issues $3,500,000 in Low Cost, Tax-Exempt Financing for Empire Springs Charter Schools
  40. Jun 25, 2020 CMFA Completes the Issuance of $28,000,000 in Bonds for 950 El Camino Real
  41. Jun 19, 2020 CMFA Issues $8,125,728 in Tax-Exempt Financing for Walnut Studios Apartments
  42. Jun 11, 2020 The CMFA Commercial PACE Program Issues $4,329,500 in Property Assessed Clean Energy Bonds
  43. Jun 4, 2020 CMFA Issues $6,000,000 in Tax-Exempt Financing for Sycamore Ridge Family Apartments
  44. Jun 2, 2020 CMFA Completes the Issuance of $45,000,000 in Bonds for Harbor Day School
  45. May 28, 2020 The CMFA Issues $6,300,000 in Low Cost, Tax-Exempt Financing for Ukiah Senior Apartments
  46. May 28, 2020 CMFA Issues $13,115,700 in Tax-Exempt Financing for Woodbridge Apartments
  47. Apr 29, 2020 CMFA Completes the Issuance of $9,000,000 in Bonds for Kensington Homes Apartments
  48. Apr 27, 2020 The CMFA Issues $18,425,000 in Low Cost, Tax-Exempt Financing for Inland Christian Home
  49. Apr 24, 2020 CMFA Completes the Issuance of $17,000,000 in Bonds for Vintage at Sycamore Apartments
  50. Apr 23, 2020 CMFA Issues $20,891,000 in Tax-Exempt Financing for Manzanita Family Apartments
  51. Apr 15, 2020 The CMFA Issues $22,500,000 in Low Cost, Tax-Exempt Financing for Lycee Francais de San Francisco
  52. Apr 13, 2020 The CMFA Commercial PACE Program Issues $962,000 in Property Assessed Clean Energy Bonds
  53. Apr 7, 2020 CMFA Completes the Issuance of $20,000,000 in Bonds for The Buckley School
  54. Apr 7, 2020 CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments
  55. Apr 6, 2020 The CMFA Issues $12,730,000 in Low Cost, Tax-Exempt Financing for Bloom at Magnolia Apartments
  56. Mar 31, 2020 CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments
  57. Mar 31, 2020 CMFA Issues $10,638,488 in Tax-Exempt Financing for Old Elm Village
  58. Mar 25, 2020 CMFA Completes the Issuance of $54,335,231 in Bonds for Quail Run Apartments
  59. Mar 23, 2020 The CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments
  60. Mar 19, 2020 CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real
  61. Mar 18, 2020 The CMFA Issues $53,495,000 in Low Cost, Tax-Exempt Financing for Harvey Mudd College
  62. Mar 13, 2020 CMFA Completes the Issuance of $12,756,04 in Bonds for Mission Village II Apartments
  63. Feb 27, 2020 The CMFA Bond Opportunities for Local Development (BOLD) Program issues $7,685,000 in Special Tax Revenue Bonds
  64. Feb 24, 2020 CMFA Issues $21,290,120 in Tax-Exempt Financing for Windsor Gardens
  65. Feb 13, 2020 The CMFA Issues additional $2,000,000 of Tax-Exempt Financing for Cottage Village Senior Apartments
  66. Feb 13, 2020 CMFA Completes the Issuance of $8,345,000 in Bonds for Royal York Estates Mobile Home Park
  67. Feb 7, 2020 The CMFA PACE Program Issues $1,195,650 in Property Assessed Clean Energy Bonds
  68. Jan 10, 2020 The CMFA Issues $33,172,838 in Low Cost, Tax-Exempt Financing for Coliseum Place Apartments
  69. 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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