California Pollution Control Financing Authority

CPCFA by the Numbers as of 12/31/23

Tax Exempt Bond Financing Program

Total Bonds Issued Over Program Lifetime:
$17,320,582,437

Total Bonds Outstanding
$3,094,938,078

Total New Money Bonds Issued
1/1/2023 – 12/31/2023:

$201,476,000

Total Refunding Bonds Issued
1/1/2023 – 12/31/2023:
$195,410,000.00

2 Small Business Funded/Refunded
2 Large Businesses Funded/Refunded

Total Green Bonds Issued Over Program Lifetime:
$476,170,000

Total Small Business Assistance Fund (SBAF) Amount Awarded to Small Businesses Over Program Lifetime:
More than $22.8 million

California Capital Access Program (CalCAP)

These numbers include the CalCAP for Small Business Program, the CalCAP Collateral Support Program, the CalCAP Seismic Safety Financing Program, and other CalCAP programs that are no longer enrolling new loans.

Total Number of Loans Enrolled in All Programs Over Program Lifetime:
69,559 loans for $5,656,669,890.05 in small business lending

Total Loans All Programs (for the period: 1/01/2023 – 12/31/2023):
4,030 for $398,309,242.57

Total Number of Very Small Businesses* Enrolled in All Programs (for the period: 1/01/2023 – 12/31/2023)
3,816 for $338,471,687.73
*Very Small Businesses defined as Businesses with less than 10 employees

Micro-Loans Enrolled in All Programs Over Program Lifetime:
(Loans under $40,000)
25,448 for $476,710,335.08

Average CalCAP Loan Amount for All CalCAP Programs
$81,323.07

Program Achievements:

CalCAP Small Business Program Loan Enrollment
25,949 loans for $2,040,484,515.80 in small business lending

CalCAP Collateral Support Program Loan Enrollment
406 for $370,885,494.81 in small business lending

CalCAP CARB Heavy-Duty Vehicle Air Loan Program Enrollment
43,043 loans for $3,229,758,109.10 in small business lending

CalCAP Electric Vehicle Charging Station
5 loans for $2,011,124.00 in small business lending

CalCAP Seismic Safety Financing Program Enrollment
4 loans for $385,000.00 in small business lending

California Recycle Underutilized Sites (CALReUSE) Program

Assessment Program
Total Funds Awarded Over Program Lifetime:
44 Site Assessment Loans Totaling $4,915,842

Remediation Program
Total Funds Awarded Over Program Lifetime:
30 Remediation Grants and Loans Totaling $55,000,000

Funds Disbursed to Awardees for the Period 1/1/2023 – 12/31/2023:
$0, all program funding is disbursed.

Funds Disbursed to Awardees Over Program Lifetime:
$56,001,861.58*

*Funds disbursed exceed the $55 million allocated to the Remediation Program because funds repaid to CPCFA were subsequently awarded to other eligible projects.