The financing will continue to allow the YMCA of Silicon Valley to provide comprehensive programs and services to meet the diverse needs of the Silicon Valley. The YMCA of Silicon Valley builds strong kids, strong families and strong communities by enriching the lives of all people in spirit, mind and body. Through its 10 facilities, two camps and over 70 affiliated locations their programs span the generations to address compelling wellness and social needs in their communities.
A total of 43 low-income senior households will be able to enjoy high quality, independent, affordable housing in the City of Poway for the next 55 years.
The project will offer an on-site service coordinator, computer learning and employment assistance for residents. Amenities will include community open space, play area, zen garden, sky deck, and computer lab. A total of 86 senior households will be able to enjoy high quality, independent, affordable housing in the City of Emeryville and the City of Oakland, California for 55 years.
Vocational Visions provides vocational and life skills training and support services to adults with intellectual/developmental and other disabilities. All participants are identified by state agencies as requiring health and/or vocational rehabilitation.
The Corporation has been providing programs and services to more than 45,000 individuals annually. Of these, 84% of patients were living at or below 200% of the federal poverty level and 57% preferred to be provided care in a language other than English.
A total of 62 households will be able to enjoy high quality, independent, affordable housing in the City of Los Angeles, California for the next 55 years.
A total of 55 low-income households will be able to enjoy high quality, independent, affordable housing in the City of El Centro for the next 55 years.
This issuance will allow the University to further its mission to provide a superior, student-centered learning experience integrating liberal arts and professional education and preparing individuals for lasting achievement and responsible leadership in their careers and communities.
A total of 71 households will be able to enjoy high quality, independent, affordable housing in the City of Riverside, California for the next 55 years.
Keys School is an integral part of the community and the neighborhood. The School provides a highly regarded educational program that motivates students to reach their fullest academic potential by providing them with engaging learning projects, teaching them to work collaboratively, and developing their skills as lifelong learners.
A total of 60 households will continue to be able to enjoy high quality, independent, affordable housing in the City of Pasadena, California for the next 55 years.
With the funding from this transaction, HumanGood will be able to continue to serve nearly 13,000 residents in 116 communities. HumanGood operates multiple locations that care for individuals and their families.
A total of 76 households will continue to be able to enjoy high quality, independent, affordable housing in the City of Fillmore, California for the next 55 years.
A total of 104 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Coachella for the next 55 years.
The mission of Scripps College is to educate women to develop their intellects and talents through active participation in a community of scholars, so that as graduates they may contribute to society through public and private lives of leadership, service, integrity, and creativity. The financing will improve the educational experience for the approximately 954 students.
A total of 60 households will be able to enjoy high quality, independent, affordable housing in the Community of Goshen, California for the next 55 years.
West County Health Centers deliver health care to an important cross-section of the community including elementary age children whose parents cannot otherwise afford the medical care needed to keep them healthy and active in schools; those who are not accepted elsewhere due to HIV/AIDS, homelessness, mental illness or addiction; those in the community who lack the financial resources to pay for quality health care, as well as many others.
The Project provides the FBI a field office from which to conduct investigations of federal crimes and forensic investigations related to such crimes serving Imperial and San Diego counties as well as six military bases. The Project also provides digital forensics services, resources, expertise and training to law enforcement agencies through San Diego and Imperial Counties. The Project has a Level IV Facility Security Leve
A total of 31 low-income households will be able to enjoy high quality, independent, affordable housing in the City of San Diego for the next 55 years.
Saint Andrew’s Episcopal School is dedicated to life-long learning and superior instruction through academic, physical, spiritual, character-building and enrichment programs. Since its founding in 1961, Saint Andrew’s Episcopal School has always accepted students solely on their ability and desire to achieve.
A total of 48 households will be able to enjoy high quality, independent, affordable housing in the City of Carlsbad, California for the next 55 years. There will be 24 units reserved for the chronically homeless and those with mental illness.
Maranatha is an educational institution that encourages their students to be life-long learners of not only theoretical abstractions, but also real-life applications of the concepts taught in the classroom. Academically, their goal is twofold: to ensure that their students are proficient in the academic disciplines and to challenge their students to be actively engaged in his/her pursuit of higher educatio
This financing will provide Pitzer College the opportunity to renovate various buildings and infrastructure to increase the capacity of the institution to provide its educational services to the students served.
The OneLegacy Corporation and Foundation focuses on activities that result in obtaining organs, eyes and tissues from deceased persons and making them available to be transplanted to recipient patients, resulting in savings lives and improving lives of the recipients. In addition, the applicant will employ 300 people at the site, contributing to the local economy of the City of Azusa.
A total of 200 low income households will continue to be able to enjoy high quality, independent, affordable housing in the City of Long Beach for another 55 years.
Harker celebrates a long-standing history and tradition of developing lifelong learners, well-rounded global citizens and kind, respectful individuals. With a deep commitment to academic excellence and civic responsibility. Beyond their students, Harker is committed to developing strong relationships with students’ families, supporting teachers’ professional development and creating an inspired learning environmen
The Center for Early Education, a socio-economically and culturally diverse independent school for children, toddlers through grade six, strives to graduate students who are joyful, resilient, life-long learners. The Center embraces a philosophy of education that combines a nurturing, inclusive learning environment with an increasingly challenging academic program that addresses the developmental needs of each child.
A total of 23 low income households will be able to enjoy high quality, independent, affordable housing in the City of El Centro for the next 55 years.
Point Loma Nazarene University has a “commitment to educating students as whole people.” The University offers more than 60 areas of scholarship as Bachelor of Arts and Bachelor of Science degrees, as well as graduate degrees. As a private Christian liberal arts college, PLNU is committed to teaching, shaping and sending its students into the world to make a positive difference.
Highlands provides an education for adult learners at no cost. This education includes, but is not limited to, English Language Development (ELD), High School Diploma Completion, Technical Job Training, Citizenship, and Bilingual HiSET Preparation. This is a tuition free campus.
A total of 51 households will to be able to enjoy high quality, independent, affordable housing in the City of Madera, California for the next 55 years.
A total of 95 households will continue to be able to enjoy high quality, independent, affordable housing in the City of Los Angeles for another 55 years.
A total of 34 low income households will be able to enjoy high quality, independent, affordable housing in the City of Berkeley, California for the next 55 years
A total of 82 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Alameda, California for the next 55 years.
With this funding the Zoological Society of San Diego will be able to continue to run the largest zoological society membership in the world, with more than 250,000 member households and 130,000 child memberships, representing more than a half million people.
A total of 49 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Belmont, California for the next 55 years.
Brethren Hillcrest Homes is a state licensed Residential Care Facility for the Elderly where older adults move in as independent residents and can then transition to assisted, memory, and/or skilled nursing care. This refinancing will allow them to continue to serve their customers in a cost- effective manner and allow for the constructing and equipping the addition of fourteen independent living residences.
A total of 129 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Oakland, California for the next 55 years.
The acquisition and rehabilitation of this project will preserve high quality affordable housing for 222 senior households in the City of Cathedral City for an additional 55 years as well as provide general social services for all residents and supportive mental health services for homeless seniors residing at the facility.
From its founding, the following concepts have been fundamental to Windward School: Educators and young people should work together in an environment that encourages them to responsible, caring, well-informed, ethical, and prepared. Education should provide a basis for life-long growth, and the School should, therefore, concern itself with every facet of the student’s life.
A total of 88 households will be able to enjoy high quality, independent, affordable housing in the City of Berkeley, California for the next 55 years.
A total of 53 households will be able to enjoy high quality, independent, affordable housing in the City of Berkeley, California for the next 55 years.
River Springs Charter School was created and is operated by parents. Their talented teachers work hard to incorporate a rich diversity of skills development, curriculum, and extracurricular activity into each day. Their staff works hard to direct the school’s resources where the students need them most. As a charter school, they are part of the solution to a better education system. They are dedicated to ensuring that no student is left behind.
The rehabilitation is expected to begin in June 2020 and be completed in April 2021. The financing of this project will result in the preservation of affordable housing for 208 households in the City of Lancaster for an additional 55 years.
Claremont Graduate University (”GCU”) is a private, all-graduate research university in Claremont, California. Founded in 1925, CGU is a member of the Claremont Colleges which includes five undergraduate and two graduate institutions of higher education.
This financing will enable Century Housing to further carry out its main purpose, to invest in homes and communities so that low income individuals and families may have a dignified living environment, achieve economic independence, and enjoy healthful and vital places to live and work.
The construction of this project will create high quality affordable housing for 69 low-income households in the City of Alameda for the next 55 years.
Empire Springs Charter School was created and is operated by parents. Their talented teachers work hard to incorporate a rich diversity of skills development, curriculum, and extracurricular activity into each day. Their staff works hard to direct the school’s resources where the students need them most. As a charter school, they are part of the solution to a better education system. They are dedicated to ensuring that no student is left behind.
The construction of this project will create high quality affordable housing for 23 low-income households in the City of San Carlos for the next 55 years as well as provide general social services for all residents.
The Sycamore Ridge FamilyApartments project is the new constructionof a24-unit affordable multi-family housing development. This financing will create23 units of affordable housing for the City of Willowsfor the next55 years.
Harbor Day School is a co-educational private independent K-8 school established in 1952. Harbor Day School provides an academically challenging, well-balanced education in a nurturing, family-centered environment. Their traditional, yet innovative, curriculum develops eager, confident learners who think creatively and work collaboratively. The campus project will allow them to continue to fulfill their mission.
The units will be newly constructed apartments in a three-story residential building serviced with an elevator. For the benefit and welfare of its residents, the project will include over 1,800 sq. ft. in common areas. This financing will create 30 units of affordable housing for seniors in the City of Ukiah for the next 55 years.
The planned renovations will improve the safety, aesthetics and sustainability of the property for residents and neighbors alike, by addressing all urgent building issues, completing comprehensive interior and exterior renovations and creating a more sustainable property. The financing of this project will result in the retention of affordable housing for 47 low income households in the City of Long Beach for the next 55 years.
A total of 50 households will be able to enjoy high quality, independent, affordable housing in the City of Lancaster. On-site social services for chronically homeless residents will be provided by Ocean Park Community Center Aka The People Concern. The construction of this project will provide affordable living for the chronically homeless in the City of Lancaster for 55 years.
The Corporation provides a range of senior care services to meet the needs of older citizens in its community, including independent living, assisted living and skilled nursing. With the completion of this transaction the Inland Christian Home will be able to continue to offer superior care for the people that rely on their services.
The Vintage at Sycamore Apartments project is the new construction of a senior affordable housing project located in the City of Simi Valley. This financing will create 50 units of affordable senior housing for the City of Simi Valley for the next 55 years.
The development will be housed in a single three-story structure surrounding a central landscaped courtyard designed to foster a positive resident community. This financing will create 50 units of affordable housing for households in the City Napa for 55 years.
LFSF educates a diverse population of students through its rigorous French language immersion program based on the French National Curriculum, through which students are able to develop the superior critical thinking abilities and mental flexibility associated with being bilingual.
The Buckley School’s extensive program of community service engages students in local and global communities through their support of causes, agencies, and individuals in need. Activities as varied as natural habitat restoration, food drives, fundraising for disaster relief, math mentoring, and shelter animal care, enable students to enrich the world around them. Community Service brings critical elements of Buckley’s mission to life and actively supports the development of well-rounded individuals through ethical education.
The project will utilize sustainable building methods such as “low-E” windows, grass bio swales, filterra units, and solar panels to service common area electricity, water saving plumbing fixtures, formaldehyde-free insulation, and will vent all kitchen range hoods and bathroom fans to the exterior of the building. The construction is expected to begin April 2020 and be completed in July 2021. This financing will create 39 units of affordable housing for the City of Yorba Linda for the next 55 years.
The Bloom & Magnolia Apartments project is the new construction of a 40-unit affordable multi-family housing development. This financing will create 39 units of affordable housing for the City of Long Beach for the next 55 years.
Virginia Street Studios will provide affordable housing for seniors earning up to 60% of the area median income for Santa Clara County. The units will be newly constructed apartments in a six-story residential building serviced with elevators. This financing will provide 295 units of affordable housing in the City of San Jose for the next 55 years.
The rehabilitation is expected to begin in March 2020 and be completed in September 2021. This financing will preserve 198 units of affordable housing for the City of Santa Rosa for the next 55 years.
The Amaya Village Apartments project is the new construction of an 81-unit affordable multi-family housing development. The development is located at 1525 Park Boulevard, in the City of Orange Cove. The project will consist of nine 2-story residential buildings and a single-story community building. On-site amenities will include a playground, swimming pool and covered parking. This financing will create 80 units of affordable housing for the City of Orange Cove for the next 55 years.
Clinicas is a safety net provider (a provider to all regardless of the ability to pay) and as a safety net provider, provides a full range of outpatient health care services, including pediatrics, obstetrics/gynecology, family practice, internal medicine, dental, podiatry, mental health services, chiropractic services, telehealth, optometry, preventative care, women’s health, x-ray and physical medicine and rehabilitation. Specific services available vary from location to location.
Harvey Mudd College seeks to educate engineers, scientists, and mathematicians well versed in all of these areas and in the humanities and the social sciences so that they may assume leadership in their fields with a clear understanding of the impact of their work on society.
Mission Village II is located in Temecula on a 4.5-acre site. The rehabilitation is expected to begin by March 2020 and be completed by December 2020. This financing will preserve 74 units of affordable housing in the City of Temecula for another 55 years.
The CMFA’s Bond Opportunities for Land Development (BOLD) Program has been designed to help both developers and local public agencies in California finance public infrastructure needed for new development using municipal bonds issued by the CMFA. While each bond issue is structured to meet particular credit parameters, the program offers great flexibility to accommodate varying needs of developers as they build better communities.
The financing of this project will result in preserving affordable housing for 130 low-income households in the City of Escondido for another 55 years.
The Cottage Village Senior Apartments is a new construction project that will create 47-units of multifamily senior affordable housing with one manager unit. All units will be restricted to households earning 60% or less of AMI. The project will enable local seniors to continue to reside in the City of Manteca in a comfortable community. The form and density of the upcoming project will fit nicely into the existing community. With a relatively level site, the majority of the units will be ground level to better accommodate the seniors that will reside there. There will be energy efficient windows, energy efficient heating and cooling systems. Common areas, laundry rooms, library, exercise room and a gate and security systems. Amenities include a community room with full kitchen, exercise room, TV room, billiards room, computer room, library, ADA bathrooms, barbeque picnic areas and onsite management team. The financing of this project will result in the creation of affordable housing for 46 low-income senior households in the City of Manteca for the next 55 years.
The proceeds of the Bonds will be used for the acquisition and renovation of an existing mobile home park located at 2250 Chestnut Avenue, in the City of San Bernardino, California and to pay certain expenses incurred in connection with the issuance of the Bonds. This financing will provide 70 units of affordable housing in the City of San Bernardino.
PACE (Property Assessed Clean Energy) is an innovative program that provides residential and commercial property owners with low-cost, long-term financing for water conservation, energy efficiency, and renewable energy improvements. All while helping local governments meet their water and energy conservation objectives.
The CMFA issued another $1,195,650 in commercial PACE bonds today.
The Coliseum Place Apartments is a new construction project located in Oakland on a 0.47-acre site. The project consists of 58 restricted rental units, and 1 unrestricted manager unit. The project will have 11 one-bedroom units, 28 two-bedroom units, and 20 three-bedroom units. The building will be 6 stories. Common amenities include a large community room with a common kitchen, a lobby, property management offices, and resident services offices. Each unit will have a refrigerator and range. There are 27 parking spaces provided. The construction is expected to begin November 2019 and be completed March 2021.This development will provide the City of Oakland with 58 much needed units of affordable housing for the next 55 years.
The Bond Buyer published their
annual list of the Nation’s top 25 municipal issuers for 2018, naming the CMFA as
14th. The CMFA issued $2.39 billion in 2018, an increase from 2017 where the
CMFA issued $1.66 billion. The list was published in The Bond Buyer on January
16, 2019.
