The CMFA Completes the Issuance of $27,215,000 in Special Tax Revenue Bonds (BOLD Series 2024E)
The CMFA Bond Opportunities for Land Development (BOLD) Program issues $27,215,000 in special tax revenue bonds for CFD 2022-25 Tesoro Highlands IA1 and CFD 2022-25 Tesoro Highlands IA2. The CMFA’s BOLD Program has been designed to help both developers and local public agencies in California finance public infrastructure needed for new development using bonds issued by the CMFA. While each bond issue is structured to meet particular credit parameters, the program offers great flexibility to accommodate varying needs of developers as they build better communities.