The CMFA Difference

Cost Effective, Responsive, Flexible and Community Focused

The CMFA is the only financing authority which has granted over $25M dollars directly to local governments and 501c3 nonprofit organizations during the past sixteen years

Donations through the CFSC by Category (2004 – 2021)

Arts, Culture, and Humanities – $622,254
Education – $1,771,219
Environment and Animal Welfare – $260,417
Health – $1,863,976
Human Services: Including Child Welfare, Domestic Violence Services and Homeless Services – $10,069,149
Public/Social Benefit – $2,407,269
Miscellaneous – $533,466
Total – $17,527,750

  • 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. Jun 30, 2021 The CMFA Issues $23,770,000 in Low Cost, Tax-Exempt Financing for Concordia University
  2. Jun 28, 2021 The CMFA Issues $80,000,000 in Low Cost, Tax-Exempt Financing for Westmont College
  3. Jun 10, 2021 The CMFA Issues $27,726,315 in Bonds Financing for Pony Express Senior Apartments
  4. Jun 10, 2021 CMFA Completes the Issuance of $25,000,000 in Bonds for Capital Christian Center
  5. May 28, 2021 CMFA Completes the Issuance of $55,844,865 in Bonds for Hacienda Apartments
  6. May 27, 2021 The CMFA Issues $29,913,000 in Low Cost, Tax-Exempt Financing for 95th and International Apartments
  7. May 27, 2021 CMFA Completes the Issuance of $14,283,120 in Bonds for Isla Vista Apartments
  8. May 27, 2021 The CMFA Issues $7,625,000 in Low Cost, Tax-Exempt Financing for Baywood Court Apartments
  9. May 25, 2021 CMFA Completes the Issuance of $277,425,000 in Bonds for UC Davis Orchard Park
  10. May 19, 2021 CMFA Completes the Issuance of $39,559,500 in Bonds for 3706 San Pablo Apartments
  11. May 14, 2021 The CMFA Issues $25,444,151 in Bonds for Archway Commons
  12. Apr 1, 2021 CMFA Completes the Issuance of $32,700,000 in Bonds for North Harbor Village
  13. Mar 31, 2021 CMFA Completes the Issuance of $137,775,000 in Bonds for The Mix Apartments
  14. Mar 26, 2021 CMFA Completes the Issuance of $11,029,977 in Bonds for Ecole Bilingue de Berkeley
  15. Mar 12, 2021 The CMFA Issues $46,665,000 in Low Cost, Tax-Exempt Financing for Foothill Villas
  16. Mar 9, 2021 CMFA Completes the Issuance of $9,050,000 in Bonds for The Learning Choice Academy
  17. Feb 4, 2021 The CMFA Issues $65,505,000 in Bonds for Community Health Centers of the Central Coast
  18. Feb 1, 2021 The CMFA Issues $29,153,930 in Low Cost, Tax-Exempt Financing for Madison Park Apartments
  19. Feb 1, 2021 CMFA Completes the Issuance of $29,337,809 in Bonds for Grand View Village
  20. Jan 29, 2021 The CMFA Issues $8,200,000 in Low Cost, Tax-Exempt Financing for Villa Lakeshore Apartments
  21. Jan 26, 2021 CMFA Completes the Issuance of $89,100,000 in Bonds for VA Oceanside Clinic Project
  22. Jan 22, 2021 CMFA Completes the Issuance of $45,000,000 in Bonds for Barlow Respiratory Hospital
  23. Jan 21, 2021 CMFA Completes the Issuance of $28,715,000 in Bonds for Palomar Health
  24. Jan 21, 2021 The CMFA Issues $4,106,000 in Low Cost, Tax-Exempt Financing for Trinity School
  25. Dec 30, 2020 The CMFA Issues $17,410,000 in Low Cost, Tax-Exempt Financing for Windsor Mobile County Club
  26. Dec 22, 2020 The CMFA Issues $10,245,000 in Bonds for STREAM Charter School
  27. Dec 17, 2020 The CMFA Issues $23,000,000 in Low Cost, Tax-Exempt Financing for The Buckley School
  28. Dec 17, 2020 CMFA Completes the Issuance of $29,500,000 in Bonds for Simpson University
  29. Dec 8, 2020 CMFA Completes the Issuance of $3,611,811 in Bonds for Pacific Primary School
  30. Dec 1, 2020 The CMFA Issues $14,500,000 in Low Cost, Tax-Exempt Financing for YMCA of Silicon Valley
  31. Nov 25, 2020 CMFA Completes the Issuance of $29,585,881 in Bonds for Las Terrazas Apartments
  32. Nov 24, 2020 The CMFA Issues $15,900,000 in Low Cost, Tax-Exempt Financing for The Plateau Apartments
  33. Nov 20, 2020 CMFA Completes the Issuance of $10,000,000 in Bonds for Willowglen Apartments
  34. Nov 20, 2020 The CMFA Issues $10,350,000 in Bonds for Poway Commons Apartments
  35. Nov 20, 2020
  36. Nov 20, 2020 The CMFA Issues $39,559,500 in Low Cost, Tax-Exempt Financing for 3706 San Pablo Apartments
  37. Nov 19, 2020 CMFA Issues $3,200,000 in Bonds for Vocational Visions
  38. Nov 18, 2020 CMFA Issues $13,590,000 in Bonds for La Maestra Community Health Centers
  39. Nov 18, 2020 CMFA Completes the Issuance of $31,134,444 in Bonds for La Prensa Libre Apartments
  40. Nov 13, 2020 The CMFA Issues $10,511,247 in Low Cost, Tax-Exempt Financing for Countryside II Apartments
  41. Nov 12, 2020 CMFA Completes the Issuance of $36,860,000 in Bonds for University of the Pacific
  42. Nov 9, 2020 CMFA Issues $28,343,408 in Bonds for Mission Heritage Plaza Apartments
  43. Nov 5, 2020 CMFA Completes the Issuance of $16,700,000 in Bonds for Worthington La Luna Family Apartments
  44. Oct 30, 2020 The CMFA Issues $12,000,000 in Low Cost, Tax-Exempt Financing for Keys School
  45. Oct 30, 2020 The CMFA Issues $15,865,000 in Low Cost, Tax-Exempt Financing for Villa Raymond Apartments
  46. Oct 28, 2020 CMFA Completes the Issuance of $80,245,000 in Bonds for HumanGood
  47. Oct 28, 2020 CMFA Issues $40,365,251 in Bonds for Mountain View Apartments
  48. Oct 23, 2020 The CMFA Issues $23,817,500 in Low Cost, Tax-Exempt Financing for Wilton Court Apartments
  49. Oct 23, 2020 CMFA Completes the Issuance of $26,945,000 in Bonds for Pueblo Viejo Villas Apartments
  50. Oct 21, 2020 CMFA Issues $12,588,000 in Bonds for The Bosco Apartments
  51. Oct 20, 2020 The CMFA Issues $100,000,000 in Low Cost, Tax-Exempt Financing for Scripps College
  52. Oct 16, 2020 The CMFA Completes the Issuance of $7,489,642 in Bonds for Sequoia Commons II
  53. Oct 15, 2020 CMFA Issues $15,294,223 in Bonds for Mutual Housing at 5th Street
  54. Oct 14, 2020 The CMFA Completes the Issuance of $7,489,642 in Bonds for Marin Horizon School
  55. Oct 14, 2020 The CMFA Issues $9,145,000 in Low Cost, Tax-Exempt Financing for West County Health Center
  56. Oct 6, 2020 CMFA Issues $205,500,000 in Bonds for FBI
  57. Oct 1, 2020 CMFA Completes the Issuance of $150,000,000 in Bonds for Waste Management
  58. Sep 30, 2020 The CMFA Issues $5,600,000 in Low Cost, Tax-Exempt Financing for Fairbanks Terrace II Apartments
  59. Sep 30, 2020 CMFA Issues $18,000,000 in Bonds for Boyd Street Apartments
  60. Sep 29, 2020 CMFA Completes the Issuance of $29,100,000 in Bonds for Coliseum Connections Transit Village Apartments
  61. Sep 18, 2020 The CMFA Issues $10,010,000 in Low Cost, Tax-Exempt Financing for St. Andrew’s School
  62. Sep 18, 2020 CMFA Issues $12,505,995 in Tax-Exempt Financing for Windsor Pointe Apartments
  63. Sep 17, 2020 The CMFA Issues $18,270,000 in Low Cost, Tax-Exempt Financing for Maranatha High School
  64. Sep 16, 2020 CMFA Issues $32,000,000 in Tax-Exempt Financing for Pitzer College
  65. Sep 15, 2020 CMFA Completes the Issuance of $55,000,000 in Bonds for OneLegacy
  66. Sep 11, 2020 The CMFA Issues $18,100,000 in Low Cost, Tax-Exempt Financing for Plaza De Cabrillo Apartments
  67. Sep 3, 2020 CMFA Completes the Issuance of $20,276,749 in Bonds for River City Senior Apartments
  68. Sep 2, 2020 CMFA Issues $25,000,000 in Tax-Exempt Financing for The Harker School
  69. Sep 1, 2020 The CMFA Issues $13,880,000 in Low Cost, Tax-Exempt Financing for The Bosco Apartments
  70. Sep 1, 2020 CMFA Completes the Issuance of $30,000,000 in Bonds for the Center for Early Education
  71. Sep 1, 2020 CMFA Issues $6,300,000 in Tax-Exempt Financing for El Dorado Family Apartments
  72. Aug 27, 2020 The CMFA Issues $65,000,000 in Low Cost, Tax-Exempt Financing for Point Loma Nazarene University
  73. Aug 27, 2020 CMFA Issues $6,600,000 in Tax-Exempt Financing for Highlands Community Charter & Technical Schools
  74. Aug 27, 2020 The CMFA Issues $4,300,000 in Low Cost, Tax-Exempt Financing for Cinnamon Villas II Apartments
  75. Aug 21, 2020 CMFA Completes the Issuance of $17,264,663 in Bonds for Sugar Pine Village Apartments
  76. Aug 14, 2020 CMFA Issues $38,680,982 in Tax-Exempt Financing for Frank G Mar Apartments
  77. Aug 14, 2020 The CMFA Issues $37,907,000 in Low Cost, Tax-Exempt Financing for Castle Argyle Apartments
  78. Aug 13, 2020 CMFA Completes the Issuance of $13,265,000 in Bonds for Jordan Court Apartments
  79. Aug 11, 2020 The CMFA Issues $40,322,758 in Low Cost, Tax-Exempt Financing for Rosefield Village Apartments
  80. Aug 10, 2020 CMFA Completes the Issuance of $35,000,000 in Bonds for the Zoological Society of San Diego
  81. Aug 10, 2020 CMFA Issues $45,523,000 in Tax-Exempt Financing for Firehouse Square Apartments
  82. Jul 31, 2020 The CMFA Issues $42,610,000 in Low Cost, Tax-Exempt Financing for Brethren Hillcrest Homes
  83. Jul 30, 2020 CMFA Issues $67,981,405 in Tax-Exempt Financing for Foon Lok West Apartments
  84. Jul 28, 2020 CMFA Completes the Issuance of $16,136,461 in Bonds for Downtown Madera Veterans & Family Housing
  85. Jul 28, 2020 CMFA Issues $22,000,000 in Tax-Exempt Financing for Ocotillo Springs Apartments
  86. Jul 24, 2020 The CMFA Issues $21,166,830 in Low Cost, Tax-Exempt Financing for Cathedral Palms Senior Apartments
  87. Jul 16, 2020 The CMFA Issues $3,000,000 in Low Cost, Tax-Exempt Financing for Sequoyah Educational Center
  88. Jul 15, 2020 CMFA Completes the Issuance of $24,640,000 in Bonds for the Windward School
  89. Jul 2, 2020 CMFA Issues $38,420,923 in Tax-Exempt Financing for Berkeley Way Apartments
  90. Jul 2, 2020 The CMFA Issues $18,037,401 in Low Cost, Tax-Exempt Financing for BFHP Hope Center Apartments
  91. Jun 30, 2020 CMFA Completes the Issuance of $6,500,000 in Bonds for River Springs Charter Schools
  92. Jun 30, 2020 CMFA Completes the Issuance of $47,622,526 in Bonds for Village Pointe Apartments
  93. Jun 30, 2020 The CMFA Issues $66,230,000 in Low Cost, Tax-Exempt Financing for Claremont Graduate University
  94. Jun 30, 2020 CMFA Issues $85,000,000 in Tax-Exempt Financing for Century Housing
  95. Jun 29, 2020 CMFA Completes the Issuance of $32,881,013 in Bonds for Alameda Point Family Apartments
  96. Jun 25, 2020 The CMFA Issues $3,500,000 in Low Cost, Tax-Exempt Financing for Empire Springs Charter Schools
  97. Jun 25, 2020 CMFA Completes the Issuance of $28,000,000 in Bonds for 950 El Camino Real
  98. Jun 19, 2020 CMFA Issues $8,125,728 in Tax-Exempt Financing for Walnut Studios Apartments
  99. Jun 11, 2020 The CMFA Commercial PACE Program Issues $4,329,500 in Property Assessed Clean Energy Bonds
  100. Jun 4, 2020 CMFA Issues $6,000,000 in Tax-Exempt Financing for Sycamore Ridge Family Apartments
  101. Jun 2, 2020 CMFA Completes the Issuance of $45,000,000 in Bonds for Harbor Day School
  102. May 28, 2020 The CMFA Issues $6,300,000 in Low Cost, Tax-Exempt Financing for Ukiah Senior Apartments
  103. May 28, 2020 CMFA Issues $13,115,700 in Tax-Exempt Financing for Woodbridge Apartments
  104. Apr 29, 2020 CMFA Completes the Issuance of $9,000,000 in Bonds for Kensington Homes Apartments
  105. Apr 27, 2020 The CMFA Issues $18,425,000 in Low Cost, Tax-Exempt Financing for Inland Christian Home
  106. Apr 24, 2020 CMFA Completes the Issuance of $17,000,000 in Bonds for Vintage at Sycamore Apartments
  107. Apr 23, 2020 CMFA Issues $20,891,000 in Tax-Exempt Financing for Manzanita Family Apartments
  108. Apr 15, 2020 The CMFA Issues $22,500,000 in Low Cost, Tax-Exempt Financing for Lycee Francais de San Francisco
  109. Apr 13, 2020 The CMFA Commercial PACE Program Issues $962,000 in Property Assessed Clean Energy Bonds
  110. Apr 7, 2020 CMFA Completes the Issuance of $20,000,000 in Bonds for The Buckley School
  111. Apr 7, 2020 CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments
  112. Apr 6, 2020 The CMFA Issues $12,730,000 in Low Cost, Tax-Exempt Financing for Bloom at Magnolia Apartments
  113. Mar 31, 2020 CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments
  114. Mar 31, 2020 CMFA Issues $10,638,488 in Tax-Exempt Financing for Old Elm Village
  115. Mar 25, 2020 CMFA Completes the Issuance of $54,335,231 in Bonds for Quail Run Apartments
  116. Mar 23, 2020 The CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments
  117. Mar 19, 2020 CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real
  118. Mar 18, 2020 The CMFA Issues $53,495,000 in Low Cost, Tax-Exempt Financing for Harvey Mudd College
  119. Mar 13, 2020 CMFA Completes the Issuance of $12,756,04 in Bonds for Mission Village II Apartments
  120. Feb 27, 2020 The CMFA Bond Opportunities for Local Development (BOLD) Program issues $7,685,000 in Special Tax Revenue Bonds
  121. Feb 24, 2020 CMFA Issues $21,290,120 in Tax-Exempt Financing for Windsor Gardens
  122. Feb 13, 2020 The CMFA Issues additional $2,000,000 of Tax-Exempt Financing for Cottage Village Senior Apartments
  123. Feb 13, 2020 CMFA Completes the Issuance of $8,345,000 in Bonds for Royal York Estates Mobile Home Park
  124. Feb 7, 2020 The CMFA PACE Program Issues $1,195,650 in Property Assessed Clean Energy Bonds
  125. Jan 10, 2020 The CMFA Issues $33,172,838 in Low Cost, Tax-Exempt Financing for Coliseum Place Apartments
  126. 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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