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California Pollution Control Financing Authority

Overview

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

Fast Facts as of March 31, 2009

 

Tax Exempt Bond Financing Program

Total Bonds Issued Over Program Lifetime:
$12,197,862,437
Total Bonds Outstanding
$3,917,036,535

Total Bonds Issued 1/01/09 through 03/31/09:
$0
0 Small Businesses Funded
0 Large Businesses Funded

California Capital Access Program (CalCAP)

Total Loan Amount Enrolled
Over Program Lifetime:
$1,307,868,972
Total Loan Amount Enrolled
Jan 09 - Mar 09:
$10,244,041
Total Number Loans Enrolled
Over Program Lifetime:
7,468
Total Number Loans
Enrolled Jan 09 - Mar 09:
133
Number of Micro Loans
Enrolled Jan 09 - Mar 09:
102

 

Sustainable Communities Grant and Loan (SCGL) Program

Total Funds Awarded Over Program Lifetime:
21 Grantees Awarded $6,585,070
Total Funds Awarded Jan - Mar 09:
7 Grants Approved for a Total of $2,423,512

California Recycle Underutilized Sites (CALReUSE) Program

35 Site Assessment Loans totaling $3,697,404
32 Remediation Grants and Loans Totaling $53,854,235