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The CMFA Provides $8,750,000 in Low Cost Tax-Exempt Financing to Community Preservation Partners

Date: 
December 22, 2011

Community Preservation Partners, long known for revitalizing existing projects, recently secured $8,750,000 in tax-exempt financing through the CMFA.  Proceeds from the bonds will be used to acquire several multi-family apartment communities located throughout Kern County.  A total of 199 units will be acquired and rehabilitated for low-income households in the area.

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CMFA has donated over $3.25 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