CEFA Bond Financing Program

State Treasurer's Office · No deadline supplied

Buyer
State Treasurer's Office
Deadline
No deadline supplied
Posted
Jul 6, 2020
Location
None.
Category
Construction & facilities
Type
Loan
Notice ID
CA Portal 1662
Source
California Grants Portal

Description

This program will provide a borrower with access to low interest rate capital markets through the issuance of tax-exempt and taxable revenue bonds. Eligibility General Requirements -Be regionally accredited by the Western Association of Schools and Colleges; -Be a private, non-profit, post-secondary degree granting educational institution that does not factor race or ethnicity into their admissions process, and is located in California or that has educational facilities in California that are regionally accredited; -Offer a broad curriculum in secular subjects, and the information and coursework used to teach secular subjects must be neutral with respect to religion; -Have been operating for a minimum of three years prior to submitting an application for financing and provide three years of audited financial statements; -Have revenue or collateral sufficient to cover debt service on the

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