CMFA Issues Financing for Beech Charter School

The CMFA recently issued $3,000,000 in tax-exempt financing for Beech Charter School. The proceeds of the Bonds will be used for a plan of finance consisting of financing the following: (1) the acquisition land and the improvements thereto located at 44339 Beech Avenue, Lancaster, California 93534 and the construction of additional improvements; (2) capitalized interest, if necessary, with respect to the Bonds; (3) a reserve fund, if necessary, with respect to the Bonds; and (4) certain expenses incurred in connection with the issuance of the Bonds

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