CaPFA provides tax-exempt and taxable financing to Public Agencies, 501(c)(3) Non-Profit Organizations, and borrowers with Qualifying Projects.
Bond proceeds can be utilized for the acquisition, construction, rehabilitation, improvement, or equipping of Qualifying Projects, as well as for Anticipation Financings.
Financing opportunities extend beyond the CaPFA’s Area of Operation through the utilization of Interlocal Agreements with Public Agencies possessing geographical jurisdiction where the project is located.
Tax-exempt and taxable financing is available for a wide range of ‘Qualifying Projects’ as defined in the ordinance. These ‘Projects’ include acquisitions, construction and equipment, as well as the renovation and expansion of existing facilities. Bond proceeds may also be used to refinance existing debt.