The CMFA Commercial PACE Program Issues $4,329,500 in Property Assessed Clean Energy Bonds
Jun 11, 2020
Archive for the ‘News’ Category
CMFA Issues $6,000,000 in Tax-Exempt Financing for Sycamore Ridge Family Apartments
Jun 4, 2020
The Sycamore Ridge Family Apartments project is the new construction of a 24-unit affordable multi-family housing development. This financing will create 23 units of affordable housing for the City of Willows for the next 55 years.
CMFA Completes the Issuance of $45,000,000 in Bonds for Harbor Day School
Jun 2, 2020
Harbor Day School is a co-educational private independent K-8 school established in 1952. Harbor Day School provides an academically challenging, well-balanced education in a nurturing, family-centered environment. Their traditional, yet innovative, curriculum develops eager, confident learners who think creatively and work collaboratively. The campus project will allow them to continue to fulfill their mission.
The CMFA Issues $6,300,000 in Low Cost, Tax-Exempt Financing for Ukiah Senior Apartments
May 28, 2020
The units will be newly constructed apartments in a three-story residential building serviced with an elevator. For the benefit and welfare of its residents, the project will include over 1,800 sq. ft. in common areas. This financing will create 30 units of affordable housing for seniors in the City of Ukiah for the next 55 years.
CMFA Issues $13,115,700 in Tax-Exempt Financing for Woodbridge Apartments
May 28, 2020
The planned renovations will improve the safety, aesthetics and sustainability of the property for residents and neighbors alike, by addressing all urgent building issues, completing comprehensive interior and exterior renovations and creating a more sustainable property. The financing of this project will result in the retention of affordable housing for 47 low income households in the City of Long Beach for the next 55 years.
CMFA Completes the Issuance of $9,000,000 in Bonds for Kensington Homes Apartments
Apr 29, 2020
A total of 50 households will be able to enjoy high quality, independent, affordable housing in the City of Lancaster. On-site social services for chronically homeless residents will be provided by Ocean Park Community Center Aka The People Concern. The construction of this project will provide affordable living for the chronically homeless in the City of Lancaster for 55 years.
The CMFA Issues $18,425,000 in Low Cost, Tax-Exempt Financing for Inland Christian Home
Apr 27, 2020
The Corporation provides a range of senior care services to meet the needs of older citizens in its community, including independent living, assisted living and skilled nursing. With the completion of this transaction the Inland Christian Home will be able to continue to offer superior care for the people that rely on their services.
CMFA Completes the Issuance of $17,000,000 in Bonds for Vintage at Sycamore Apartments
Apr 24, 2020
The Vintage at Sycamore Apartments project is the new construction of a senior affordable housing project located in the City of Simi Valley. This financing will create 50 units of affordable senior housing for the City of Simi Valley for the next 55 years.
CMFA Issues $20,891,000 in Tax-Exempt Financing for Manzanita Family Apartments
Apr 23, 2020
The development will be housed in a single three-story structure surrounding a central landscaped courtyard designed to foster a positive resident community. This financing will create 50 units of affordable housing for households in the City Napa for 55 years.
The CMFA Issues $22,500,000 in Low Cost, Tax-Exempt Financing for Lycee Francais de San Francisco
Apr 15, 2020
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.