The CMFA Assists Windsor Mobile Country Club on a $21,425,000 Tax-Exempt Bond Financing in Sonoma County, CA

The proceeds of the Bonds will be used to: (1) refund the Authority’s outstanding Mobile Home Park Refunding Revenue Bonds (Windsor Mobile Country Club), Series 2013A and its outstanding Mobile Home Park Taxable Refunding Revenue Bonds (Windsor Mobile Home Park), Series 2013C (collectively, the “2013 Bonds”); and (2) pay certain expenses incurred in connection with the issuance of the Bonds. The proceeds of the 2013 Bonds were used to make a loan to ROP WMCC LLC, a California limited liability company (the “Borrower”) to enable the Borrower to acquire and establish certain reserves for the Windsor Mobile Country Club, a 336-space mobile home park located at 8109 Conde Lane in Windsor, California currently operated by Resident Owned Parks, Inc., a California nonprofit public benefit corporation. A number of the spaces in the mobile home park are rented to persons and families of low or very low income.

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