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Azusa Pacific University Secures Tax-Exempt Financing through the CMFA

The CMFA issued $131,725,000 in tax-exempt financing for Azusa Pacific University. The Bonds will be used to refinance prior revenue bonds and to acquire, construct and equip an approximately 68,000 square foot science center located at 701 East Foothill Boulevard on the west campus of the University. The funds will also be used to acquire the Crestview Apartments, an approximately 320 unit apartment facility located at 801 East Alosta Avenue for the purpose of providing housing to students.

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