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Archive for March, 2020

CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments

Mar 31, 2020

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 CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments

Mar 23, 2020

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.

CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real

Mar 19, 2020

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.