Details | Small Issue Public Benefit Program


Funder

 

California Statewide Communities Development Authority

Implementer

 

California Statewide Communities Development Authority

Description

 

CSCDA can assist nonprofit organizations, manufacturers and solid waste companies in financing projects by privately placing the tax-exempt note with a qualified institutional buyer. The program provides access to low cost, tax-exempt markets at fixed rates with flexible terms. These bond issues are typically up to $5 million. The advantages of this program include:Fixed rates, Terms of financing range from 5 years for equipment to 15 years for real property,Cost of issuance is lower than a public offering, and typically a letter of credit is not required.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Bond

Category

 

Financing

Territory

 

California

Applicant type

 

For Profit  |  Non Profit

Project

 

New Addition to an Existing Building  |  Real Estate and Asset Purchases  |  Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building  |  Whole New Building Construction

Sector

 

Commercial  |  Industrial

Sub-sector

 

Industrial

Sustainability

 

Electric Vehicle Charging Infrastructure  |  Electric Vehicles  |  Energy Efficiency for Processes  |  Energy Efficiency in Buildings  |  Energy Management System  |  Energy Storage  |  Generation Systems  |  Water Use Reduction

Additional website

 

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

5

Maximum repayment years

 

15

Interest rate comment

 

Incentive