California Educational Facilities Authority

Bond Financing Program


This program provides a borrower with access to low interest rate capital markets through the issuance of tax-exempt revenue bonds. Eligible borrowers may use proceeds from the sale of bonds for:

  • The construction and/or renovation of projects
  • The acquisition of land for future projects
  • The acquisition of existing facilities
  • The refinancing of existing debt
  • Costs of issuance
  • Other qualified expenses


Complete and submit the application below as soon as practicable to be included on the agenda for the next meeting date.