Program · 501(c)(3) Organizations
Tax-exempt financing for the organizations that serve your community.
CalMuni PFA issues tax-exempt bonds on behalf of qualified 501(c)(3) organizations, so they can borrow for facilities and equipment at lower rates than conventional financing.
Borrowers
Who it serves
- Private schools, colleges, and universities
- Hospitals, clinics, and senior-living providers
- Museums, libraries, and cultural institutions
- YMCAs, community centers, and social-service organizations
Eligible Projects
What it finances
- Acquisition, construction, and renovation of facilities
- Equipment and capital improvements
- Refinancing of existing facility debt
The Process
How it works
- 01
We confirm eligibility and structure: public sale or private placement.
- 02
The city or county where the project is located holds a public hearing and approves the financing, as federal tax law requires.
- 03
CalMuni PFA issues the bonds and lends the proceeds to your organization, which repays from its own revenues.
Tell us about your project.
Lloyd Hedenland, Senior Project Managerlloyd@calmunipfa.com(916) 258-4046
Kelsey Weist, Senior Project Managerkelsey@calmunipfa.com(530) 636-3364