What We Finance
Capital for the infrastructure California agencies cannot defer.
Six financing programs on one public issuing platform: schools, clean energy, growth infrastructure, water systems, nonprofits, and housing. Each is built around the funding the project qualifies for, the gap until it arrives, and the compliance that follows.
Programs
Financing built around the borrower's problem.
RISE
School modernization and solar for TK–14 districts, with Proposition 2 funding and federal credits where still available stacked against the project, and a student workforce component.
Explore RISE →Clean EnergyEnergyCA
Battery storage, efficiency, and resilience for any public agency, with state and utility incentives layered into the financing.
Explore EnergyCA →Growth InfrastructureIMPACT
Developers finance their impact fees through CalMuni PFA. Your agency adopts one resolution and receives the fees at closing.
Explore IMPACT →Water SystemsWater & Wastewater
Revenue bonds and bridge financing for water, wastewater, and recycled water, carried until USDA, SRF, or WIFIA funding arrives.
Explore Water & Wastewater →501(c)(3) OrganizationsNonprofits
Tax-exempt conduit financing for schools, health providers, cultural institutions, and community organizations.
Explore Nonprofits →Workforce & AffordableHousing
Two lanes: workforce housing for public employers on land they already own, and affordable and senior housing from qualified developers.
Explore Housing →Beyond the Six Programs
More ways we finance.
Equipment and fleet, public buildings, pension obligation refinancing, pooled financings, and other private activity bonds.
For Developers
IMPACT Direct.
Finance your impact fees. Keep your cash in the project. IMPACT Direct covers $500,000 to $5 million in impact fees, paid to the agency at closing.
Not sure which program fits?
Tell us about the project and the agency. We will point you to the right structure and return a preliminary read at no cost.