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Financing Economic Development and Charitable Activities Throughout the State of California
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The CMFA Completes a $16,500,000 Financing for Key Largo Apartments

Date: 
February 24, 2012

The CMFA recently completed a $16,500,000 tax-exempt financing for non-profit builder, Highland Property Development.  Proceeds from the bonds will be used to finance the acquisition and rehabilitation of 132 unit apartment complex located in El Cajon, California.  The project will provide affordable housing to low income families in the San Diego area.

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CMFA has donated over $4.5 million to California charities through our giveback program.

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California Municipal Finance Authority
2111 Palomar Airport Rd, Suite 320
Carlsbad, CA 92011
(760) 930-1221 phone
(760) 683-3390 fax
info@cmfa-ca.com