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CMFA refinances $29,845,000 in Tax-Exempt Bonds to the Del Harbor Foundation located in Torrance, California

Harbor Regional Center (“HRC”) is one of 21 regional centers in California. Regional Centers are nonprofit Private Corporations that contract with the California Department of Developmental Services to provide or coordinate services and supports of individuals with developmental disabilities. They provide a local resource to help find and access the many services available to developmentally disabled individuals and their families. The proceeds will be used to make a loan to the Del Harbor Foundation pursuant to a Loan Agreement to refund on an advance basis the California Municipal Finance Authority Revenue Bonds (Harbor Regional Center Project), Series 2009.

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