Author Archive
Sep 21, 2021
The CMFA Completes the Issuance of $12,000,000 in Bonds for Lycee Intl De Los Angeles to finance and refinance the acquisition, construction, improvement, equipping and maintenance of educational facilities for Lycée Français de San Francisco, located in the Cities of San Francisco and Sausalito, Counties of San Francisco and Marin, California. The current refinancing will result in significant debt service savings to the School, allowing it to further invest in its educational programs, the delivery of its mission, and its overall financial sustainability. Further, 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.
Sep 13, 2021
The CMFA Completes the Issuance of $12,375,000 in Bonds for Casa Manana Inn to finance affordable multi-family rental housing facility located in the city of Stockton, San Joaquin County, California. A total of 161 households will be able to enjoy high quality, independent, affordable housing in the City of Stockton for the next 55 years.
Sep 10, 2021
The CMFA Completes the Issuance of $34,000,000 in Bonds for Hecker Pass/ Village at Santa Teresa to finance affordable rental housing facilities located in the city of Gilroy, Santa Clara County, California. A total of 20 households will be able to enjoy high quality, independent, affordable housing in the City of Gilroy for the next 55 years.
Sep 8, 2021
The CMFA Completes the Issuance of $30,580,000 in Bonds for Open Door Community Health Centers to finance healthcare facilities located in the cities of Arcata, Fortuna and Eureka, Humboldt County, California. Open Door Community Health Centers provides quality medical, dental and mental health care and health education to all people on California’s North Coast, regardless of financial, geographic or social barriers.
Sep 3, 2021
The CMFA Completes the Issuance of $94,871,702 in Bonds for Midway Village Phase I to finance affordable multi-family rental housing facility located in Daly City, San Mateo County, California. A total of 147 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Daly City, California for the next 55 years.
Aug 14, 2021
The CMFA Completes the Issuance of $34,470,000 in Bonds for California Institute of the Arts to finance and refinance the acquisition, construction, improvement, renovation and equipping of educational facilities located in the cities of Santa Clarita, South Pasadena, and Los Angeles, County of Los Angeles, California. The proposed project will help expand CalArts educational and service offerings in Los Angeles County.
Aug 13, 2021
The CMFA Completes the Issuance of $20,592,443 in Bonds for Posada De Colores to finance affordable multi-family rental housing facilities located in the city of Oakland, Alameda County, California. The Posada de Colores Apartments is an acquisition/rehabilitation of an existing affordable housing multifamily project. The project is a 100-unit multifamily residential rental facility located at 2221 Fruitvale Avenue, Oakland, CA.
Aug 5, 2021
The CMFA Completes the Issuance of $12,295,000 in Bonds for La Maestra Community Health Centers to finance and refinance certain facilities located in the cities of El Cajon, National City and San Diego, County of San Diego, California. 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.
Aug 3, 2021
The CMFA Completes the Issuance of $20,570,000 in Bonds for University of the Pacific to finance and refinance the acquisition, construction, improvement and equipping of certain educational facilities located in the cities of Sacramento, San Francisco, Stockton and Union City, Counties of Alameda, Sacramento, San Francisco and San Joaquin, California. The savings the University will capture as a result of refunding the debt will allow the University to invest more of its annual operating budget in the University programs, which will allow it 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.
Aug 3, 2021
The CMFA Completes the Issuance of $15,000,000 in Bonds for Parkwood Apartments to finance an affordable multi-family rental housing facility located in the city of Santa Rosa, County of Sonoma, California. A total of 54 low-income households will continue to be able to enjoy high quality, independent, affordable housing in the City of Santa Rosa for another 55 years.
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