California Pollution Control Financing Authority
- Designation of Natural Disaster Areas as Severely Affected Communities – July 9, 2019
- 2018 Private Activity Bond Carryforward Allocation
- CalCAP Seismic and EVCS Statutory Update – Notice of Approval
- CalCAP/ADA – Approval from Office of Administrative Law
- CalCAP CARB Hits 20,000th Loan Milestone to cut Diesel Truck Pollution
- CalCAP/CARB Warranties on Eligible Equipment can be Included in Loan Financing
- Memo Regarding Clarification of Requirements and Timing for Tax-Exempt Financing and Allocation
- Changes to CDLAC Allocation Deadlines for CPCFA Bond Program Applications
- Tax-Exempt Bond Financing Program - Post-Issuance Actions Request Form
Did You Know?
Since 2008, the California Recycle Underutilized Sites (CALReUSE) Assessment and Remediation programs have positively influenced the health and safety, housing production, and economic development in California communities by contributing to the cleanup of 1,018 acres of contaminated land and the availability of 7,540 housing units across 12 California counties. More than 50% of CALReUSE funded projects are located in disadvantaged communities and 75% are located in low-income communities.
2017 was a banner year for CPCFA’s Tax Exempt Bond Program. CPCFA sold 20 bond issues totaling over $653 million in new tax-exempt and refunding bonds which is more than double the annual issuance from any year since 2012. Also of note, since 2013 three out of four bond recipients have been small businesses.
The California Pollution Control Financing Authority (CPCFA) has been providing low-cost innovative financing to California businesses since 1972 with an objective of making California more economically prosperous and environmentally clean. CPCFA is committed to promoting access to capital through the delivery of financing options to California business and environmental industries by being the driving force of public and private partnerships, a leader in offering customized risk mitigation tools and at the forefront of projects that protect and restore the environment. CPCFA partners with sister state agencies to achieve the State’s environmental policy objectives by administering high-impact financing programs designed to assist regulated entities and other stakeholders with accessing private capital. As a government agency that issues tax-exempt private activity bonds, CPCFA can facilitate low cost financing to qualified waste and recycling projects, and other projects to control pollution and improve water supply.
CPCFA also administers the California Capital Access Program (CalCAP), which encourages financial institutions to make loans to small businesses and provides for specialty programs targeted toward building an improved infrastructure for zero- and partial-emission vehicles and helping small businesses comply with the federal Americans With Disabilities Act.