Intersections: A Monthly Go-To for Reliable Facts and Analysis About California's Debt, Investments and Economy
 

Vol. 1, No. 5, Published September 9, 2015

In This Edition

Other Resources

Significant Financings

Treasurer John Chiang oversees several boards, commissions and authorities that award financing, tax credits, grants, loans, and other benefits aimed at promoting school projects, health care facilities, sustainable economic development and housing. Below is a summary of significant projects approved in August 2015.

Education
Approval Date Recipient Name Type Amount City Authority*
8/12/2015 Delta Properties, Inc. Revenue Bonds $29,334,838 Los Angeles CSFA
8/12/2015 Helix High School 2010 Lottery Funding Round $32,436,184 La Mesa CSFA
8/4/2015 University of the Pacific Standard Bond Financing $69,000,000 Stockton CEFA
8/12/2015 Rocketship Education Rocketship Education $135,000 San Jose CSFA
8/27/2015 Santa Clara University Standard Bond Financing $125,000,000 Santa Clara CEFA
Health
Approval Date Recipient Name Type Amount City Authority*
8/27/2015 California-Nevada Methodist Homes Revenue Bond $35,000,000 Oakland CHFFA
Sustainability and Economic Development
Approval Date Recipient Name Type Amount City Authority*
8/18/2015 CE Obsidian Energy LLC and its Affiliates Sales and Use Tax Exclusion $14,689,025 Calipatria CAEATFA
8/18/2015 Orbital ATK, Inc. Sales and Use Tax Exclusion $1,370,368 Northridge CAEATFA
8/18/2015 Verdure Technologies, Inc., Biorem Energy, LLC and/or its Affiliates Bond Financing $12,830,000 Chowchilla CPCFA
8/18/2015 GKN Aerospace Chem-tronics, Inc. Sales and Use Tax Exclusion $9,993,490 Santa Ana CAEATFA
Housing
Approval Date Recipient Name Type Amount City Authority*
8/19/2015 Sylmar Court Tax-Exempt Bond $1,378,122 Sylmar CTCAC
8/19/2015 Coalinga Senior Apartments Tax-Exempt Bond $229,563 Coalinga CTCAC
8/19/2015 The Lodge at Eureka Tax-Exempt Bond $279,656 Eureka CTCAC
8/19/2015 Arroyo Del Camino Tax-Exempt Bond $397,065 Avenal CTCAC
8/19/2015 Beverly Park Senior Apartments Tax-Exempt Bond $627,745 Los Angeles CTCAC
8/19/2015 Springdale West Apartments Tax-Exempt Bond $4,103,680 Long Beach CTCAC
8/19/2015 Cottonwood Place Tax-Exempt Bond $492,704 Moreno Valley CTCAC
8/19/2015 Woodglen Vista Tax-Exempt Bond $1,096,300 Santee CTCAC
8/19/2015 25 Sanchez Tax-Exempt Bond $1,611,081 San Francisco CTCAC
8/19/2015 462 Duboce Tax-Exempt Bond $1,157,564 San Francisco CTCAC
8/19/2015 255 Woodside Tax-Exempt Bond $1,892,088 San Francisco CTCAC
8/19/2015 Holly Courts Tax-Exempt Bond $2,363,380 San Francisco CTCAC
8/19/2015 666 Ellis Street Tax-Exempt Bond $1,405,836 San Francisco CTCAC
8/19/2015 227 Bay Street Tax-Exempt Bond $880,006 San Francisco CTCAC
8/19/2015 990 Pacific Avenue Tax-Exempt Bond $2,473,883 San Francisco CTCAC
8/19/2015 345 Arguello Tax-Exempt Bond $1,106,615 San Francisco CTCAC
8/19/2015 1880 Pine Tax-Exempt Bond $1,221,536 San Francisco CTCAC
8/19/2015 Hunters Point East West Tax-Exempt Bond $4,295,186 San Francisco CTCAC
8/19/2015 491 31st Avenue Tax-Exempt Bond $987,850 San Francisco CTCAC
8/19/2015 939 & 952 Eddy Street Tax-Exempt Bond $811,373 San Francisco CTCAC
8/19/2015 430 Turk Street Tax-Exempt Bond $1,329,931 San Francisco CTCAC
8/19/2015 Robert Pitts Housing Tax-Exempt Bond $2,833,870 San Francisco CTCAC

*Authorities which the State Treasurer chairs: California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), California Educational Facilities Authority (CEFA), California Health Facilities Finance Authority (CHFFA), California Pollution Control Financing Authority (CPCFA), California Schools Finance Authority (CSFA), and California Tax Credit Allocation Committee (CTCAC).

See raw data: Financing numbers broken out by state legislative district