The CMFA recently completed a $6,105,000 financing for Lincoln Glen Manor

The proceeds of the Bonds, and certain moneys of the Corporation, will be used to (a) finance the conversion of twelve independent living units to seventeen memory care units and to make certain other facility capital improvements, all located at the Corporation’s multi-level rental, continuing care retirement community located at 2671 Plummer Avenue in San Jose, California, (b) fund the Debt Service Reserve Fund in an amount equal to the Debt Service Reserve Fund Requirement, and (c) pay a portion of the costs of issuance of the Bonds.

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