California Pollution Control Financing Authority
Overview
- Financing Program Summary
- CPCFA Board Members
- Annual Reports
- More About CPCFA
- Governing Statutes, Regulations, and Policies
- Record of Achievement for 2007 and 2008
- CalCAP Brochure
The California Pollution Control Financing Authority (CPCFA) has been providing low-cost innovative financing to California businesses since 1972.
As a “conduit issuer” of tax-exempt private activity bonds, CPCFA is able to facilitate low cost financing to qualified waste and recycling projects. Other projects to control pollution can qualify for tax-exempt financing as allowed by federal tax law. Examples of recent assistance include projects to purchase clean-air vehicles by waste companies, recycle used oil, convert animal waste to clean burning fuel, and develop construction and demolition debris recycling programs.
CPCFA works with participating financial institutions to assist small business with loans up to $1.5 million. CPCFA also assists with the clean-up of contaminated sites through a $60 million grant and loan program and a site-assessment loan program.
As of January 1, 2009, CPCFA has helped finance over $13.4 billion in projects through
- Tax-exempt bonds to:
- CALReUSE grants and loans to:
- CalCAP loans to:
Fast Facts as of December 31, 2009
Tax Exempt Bond Financing Program
Total Bonds Issued Over Program Lifetime:
$12,513,842,437
Total Bonds Outstanding
$3,867,388,843
Total Bonds Issued 1/01/09 through 12/31/09:
$316,955,000
3 Small Businesses Funded
3 Large Businesses Funded
California Capital Access Program (CalCAP)
Total Loan Amount Enrolled
Over Program Lifetime:
$1,347,984,153.84
Total Loan Amount Enrolled
Jan 09 - Dec 09:
$45,881,188.13
Total Number Loans Enrolled
Over Program Lifetime:
7,857
Total Number Loans
Enrolled Jan 09 –Dec 09:
527
Number of Micro Loans
Enrolled Jan 09 - Dec 09:
344
Sustainable Communities Grant and Loan (SCGL) Program
Total Funds Awarded Over Program Lifetime:
21 Grantees Awarded $6,585,070
Total Funds Awarded Jan - Dec. 09:
7 Grants Approved for a Total of $2,423,512
California Recycle Underutilized Sites (CALReUSE) Program
40 Site Assessment Loans Totaling $4,560,542
34 Remediation Grants and Loans Totaling $55,000,000
