YMCA of San Francisco Selects the CMFA as Issuer
For more than 150 years, the YMCA of San Francisco has provided comprehensive programs and services to meet the diverse needs of the Bay Area. The YMCA of San Francisco builds strong kids, strong families and strong communities by enriching the lives of all people in spirit, mind and body. Through its 14 branches from Marin County to the Santa Cruz Mountains, YMCA programs span the generations to address compelling wellness and social needs in their communities.
Recently, the Y MCA of San Francisco selected the CMFA as its issuer of tax exempt bonds. Proceeds were used to refinance existing debt that was used to acquire, construct and equip several of their facilities. The refinancing allows the organization to stabilize their interest costs and take advantage of the current low interest rates.