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CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments

Apr 7, 2020

The project will utilize sustainable building methods such as “low-E” windows, grass bio swales, filterra units, and solar panels to service common area electricity, water saving plumbing fixtures, formaldehyde-free insulation, and will vent all kitchen range hoods and bathroom fans to the exterior of the building. The construction is expected to begin April 2020 and be completed in July 2021. This financing will create 39 units of affordable housing for the City of Yorba Linda for the next 55 years.

CMFA Completes the Issuance of $105,000,000 in Bonds for Virginia Street Studios Apartments

Mar 31, 2020

Virginia Street Studios will provide affordable housing for seniors earning up to 60% of the area median income for Santa Clara County. The units will be newly constructed apartments in a six-story residential building serviced with elevators. This financing will provide 295 units of affordable housing in the City of San Jose for the next 55 years.

The CMFA Issues $20,035,971 in Low Cost, Tax-Exempt Financing for Amaya Village Apartments

Mar 23, 2020

The Amaya Village Apartments project is the new construction of an 81-unit affordable multi-family housing development. The development is located at 1525 Park Boulevard, in the City of Orange Cove. The project will consist of nine 2-story residential buildings and a single-story community building. On-site amenities will include a playground, swimming pool and covered parking. This financing will create 80 units of affordable housing for the City of Orange Cove for the next 55 years.

CMFA Issues $61,675,000 in Tax-Exempt Financing for Clinicas del Camino Real

Mar 19, 2020

Clinicas is a safety net provider (a provider to all regardless of the ability to pay) and as a safety net provider, provides a full range of outpatient health care services, including pediatrics, obstetrics/gynecology, family practice, internal medicine, dental, podiatry, mental health services, chiropractic services, telehealth, optometry, preventative care, women’s health, x-ray and physical medicine and rehabilitation. Specific services available vary from location to location.

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