Tax-exempt financing for your facilities, through a public issuer.

01 · The problem

Nonprofit schools, health providers and cultural institutions can qualify for tax-exempt financing, but only through a governmental issuer. Finding one that will handle smaller transactions efficiently can be difficult.

02 · How it works

We confirm eligibility and choose between a public sale and a private placement.
The city or county where the project is located holds a public hearing and approves the financing.
CalMuni PFA issues the bonds and lends the proceeds to your organization.
Your organization repays from its own revenues.

03 · What you get

Tax-exempt rates for acquisition, construction, renovation, equipment or refinancing.
Competition among lenders or underwriters.
An issuer experienced with smaller transactions.

04 · What it takes

501(c)(3) status and a qualifying project in California.
Audited financial statements and project details.
Time for the public hearing and approval.

05 · Questions

Is the Authority responsible for the bonds?: No. The bonds are payable only from your organization’s payments.
Which organizations qualify?: Private schools and colleges, health and senior-living providers, museums and cultural institutions, and community organizations.

06 · Your contact

Reach the Authority team through the Contact page at calmunipfa.com/contact.