Oct 18, 2021
The CMFA Completes the Issuance of $17,773,720 in Bonds for Pismo Terrace to finance an affordable multifamily rental housing project located in the city of Pismo Beach, San Luis Obispo County, California. A total of 49 households will continue to be able to enjoy high quality, independent, affordable housing in the City of Pismo Beach for the next 55 years.
Oct 15, 2021
The CMFA Completes the Issuance of $13,680,000 in Bonds for Kristen Court III to finance affordable rental housing facility located in the city of Live Oak, Sutter County, California. A total of 32 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Live Oak for the next 55 years.
Oct 13, 2021
The CMFA Completes the Issuance of $15,365,000 in Bonds for Valley Health Team to finance and refinance certain healthcare facilities located in the cities of San Joaquin, Kingsburg and Firebaugh, County of Fresno, California. Currently, the Corporation operates ten health centers, two school-based clinics, three mobile medical/dental units and serves over 34,000 patients. Valley Health Team’s main purpose is to enhance the provision of primary care services to underserved urban and rural communities. These projects will allow them to continue to meet their mission.
Oct 6, 2021
The CMFA Completes the Issuance of $42,610,000 in Bonds for Brethren Hillcrest Homes to finance a senior living facility, located in the city of La Verne, County of Los Angeles, California. 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.
Oct 6, 2021
The CMFA Completes the Issuance of $4,442,841 in Bonds for Corallina at Pacific Higlands Ranch to finance affordable rental housing facilities located in the city of San Diego, San Diego County, California. A total of 16 households will be able to enjoy high quality, independent, affordable housing in the City of San Diego for the next 55 years.
Oct 1, 2021
The CMFA Completes the Issuance of $10,626,540 in Bonds for Plymouth Place to finance affordable multi-family rental housing facility located in the city of Stockton, County of San Joaquin, California. A total of 64 senior households will continue to be able to enjoy high quality, independent, affordable housing in the City of Stockton for another 55 years.
Sep 30, 2021
The CMFA Bond Opportunities for Local Development (BOLD) program issues $7,150,000 in special tax revenue bonds. 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.
Sep 30, 2021
The CMFA Completes the Issuance of $45,137,515 in Bonds for Anaheim & Walnut 2021 to finance the development of affordable multi-family rental housing in the city of Long Beach, Los Angeles County, California. A total of 87 households will be able to enjoy high quality, independent, affordable housing in the City of Long Beach for the next 55 years.
Sep 29, 2021
The CMFA Completes the Issuance of $120,000,000 in Bonds for HumanGood 2021 for financing the acquisition, construction, furnishing and equipping of certain senior living communities located in the cities of Oakland, Redlands, Santa Barbara, Bakersfield, Fresno, Irvine, Glendale and Duarte, Counties of Alameda, San Bernardino, Santa Barbara, Kern, Fresno, Orange, Los Angeles, Santa Clara and San Diego, California. HumanGood operates multiple locations that care for individuals and their families. This transaction will help to continue that care and reduce the fiscal burden from the debt that they are carrying with lower rates and better terms.
Sep 23, 2021
The CMFA Completes the Issuance of $16,285,000 in Bonds for Albert Einstein Academies to finance the acquisition, construction, improvement, renovation and equipping of educational facilities located in the city of San Diego, County of San Diego, California. The goal of Albert Einstein Academies to be able to meet the needs of the student throughout San Diego County in an innovative and resourceful way that provides rigorous educational options that its students may otherwise not have without their uniquely International Baccalaureate Program. As part of their program, the school’s culture links academic excellence with positive action through service. The students participate in many forms of community service including the development and implementation of a Community Service Project that will benefit the local community and allow the student to look beyond themselves to make a difference in the world.