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. Apr 15, 2020 The CMFA Issues $22,500,000 in Low Cost, Tax-Exempt Financing for Lycee Francais de San Francisco
  2. Apr 13, 2020 The CMFA Commercial PACE Program Issues $962,000 in Property Assessed Clean Energy Bonds
  3. Apr 7, 2020 CMFA Completes the Issuance of $20,000,000 in Bonds for The Buckley School
  4. Apr 7, 2020 CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments
  5. Apr 6, 2020 The CMFA Issues $12,730,000 in Low Cost, Tax-Exempt Financing for Bloom at Magnolia Apartments
  6. Mar 31, 2020 CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments
  7. Mar 31, 2020 CMFA Issues $10,638,488 in Tax-Exempt Financing for Old Elm Village
  8. Mar 25, 2020 CMFA Completes the Issuance of $54,335,231 in Bonds for Quail Run Apartments
  9. Mar 23, 2020 The CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments
  10. Mar 19, 2020 CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real
  11. Mar 18, 2020 The CMFA Issues $53,495,000 in Low Cost, Tax-Exempt Financing for Harvey Mudd College
  12. Mar 13, 2020 CMFA Completes the Issuance of $12,756,04 in Bonds for Mission Village II Apartments
  13. Feb 27, 2020 The CMFA Bond Opportunities for Local Development (BOLD) Program issues $7,685,000 in Special Tax Revenue Bonds
  14. Feb 24, 2020 CMFA Issues $21,290,120 in Tax-Exempt Financing for Windsor Gardens
  15. Feb 13, 2020 The CMFA Issues additional $2,000,000 of Tax-Exempt Financing for Cottage Village Senior Apartments
  16. Feb 13, 2020 CMFA Completes the Issuance of $8,345,000 in Bonds for Royal York Estates Mobile Home Park
  17. Feb 7, 2020 The CMFA PACE Program Issues $1,195,650 in Property Assessed Clean Energy Bonds
  18. Jan 10, 2020 The CMFA Issues $33,172,838 in Low Cost, Tax-Exempt Financing for Coliseum Place Apartments
  19. 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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