Oct 21, 2021
The CMFA Completes the Issuance of $15,875,000 in Bonds for Sage at Folsom to finance an affordable multi-family rental housing facility located in the city of Folsom, Sacramento County, California. A total of 72 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Folsom, California for the next 55 years.
Oct 21, 2021
The CMFA Completes the Issuance of $19,450,000 in Bonds for Brentwood Crossing Apartments to finance the development of affordable multi-family rental housing in the city of Bakersfield, Kern County, California. A total of 57 households will be able to enjoy high quality, independent, affordable housing in the City of Bakersfield for the next 55 years.
Oct 21, 2021
The CMFA Bond Opportunities for Local Development (BOLD) program issues $4,450,000 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.
Oct 20, 2021
The CMFA Completes the Issuance of $17,545,441 in Bonds for El Dorado Family Apartments II to finance affordable rental housing facility located in the city of El Centro, Imperial County, California. A total of 48 low-income households will be able to enjoy high quality, independent, affordable housing in the City of El Centro for the next 55 years.
Oct 20, 2021
The CMFA Completes the Issuance of $34,000,000 in Bonds for Arroyo Crossing to finance affordable rental housing facility located in the city of Indio, Riverside County, California. A total of 182 low-income households will be able to enjoy high quality, independent, affordable housing in the City of Indio for the next 55 years.
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.