California Debt Limit Allocation Committee

Waste/Recycling Exempt Facilities Financing

Designed to finance solid waste disposal and waste recycling facilities.

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If you have any questions about the Exempt Facility Program, please contact CDLAC.

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Exempt Facility Bonds are tax-exempt private-activity bonds that are issued by state and local governmental agencies to finance solid waste disposal and waste recycling facilities. The tax-exempt bonds provide facility owners with low-cost financing in the form of below market interest rate loans. The interest rate savings enable the project owners to maintain lower customer rates or minimize customer rate increases. Exempt facility projects benefit their communities by improving the environment and creating jobs.