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Capital Programs & Climate Financing Authority

CPCFA by the Numbers as of 03/31/2026

Tax Exempt Bond Financing Program

Total Bonds Issued Over Program Lifetime:
$17,525,875,464

Total Bonds Outstanding
$2,727,894,091

Total New Money Bonds Issued
01/01/2026 – 03/31/2026:
$0.00

Total Refunding Bonds Issued
01/01/2026 – 03/31/2026:
$0.00

0 Small Business Funded/Refunded
0Large Businesses Funded/Refunded

Total Small Business Assistance Fund (SBAF) Amount Awarded to Small Businesses Over Program Lifetime:
More than $23.37 million

Total Bonds Issued
01/01/2019 to 12/31/2025:
$1,723,074,027

Total New Money Bonds Issued
01/01/2019 to 12/31/2025:
$1,016,046,500 (Tax-Exempt)
$29,690,000 (Taxable)

Total Refunding Bonds Issued
01/01/2019 to 12/31/2025:
$582,207,527

01/01/2019 to 12/31/2025:
Solid Waste Disposal
$1,319,959,027

Water Furnishing Facilities
$403,115,000

26 Small Business Funded/Refunded
9 Large Businesses Funded/Refunded

Total Small Business Assistance Fund (SBAF) Amount Awarded to Small Businesses
01/01/2019 to 12/31/2025:
$1,119,346.00

California Capital Access Program (CalCAP)

These numbers include the CalCAP for Small Business Program, the CalCAP Collateral Support Program, the CalCAP Zero-Emission Heavy-Duty Programs, 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:
74,656 loans for $6,257,845,317.59

Total Loans All Programs 
(for the period: 01/01/2026 – 03/31/2026)
225 for $25,952,408.28

Total Number of Loans to Very Small Businesses (VSB)* Enrolled in All Programs
(for the period: 01/01/2026 – 03/31/2026)
213 for $13,513,119.95
*VSB defined as 9 or fewer employees

Total Number of Loans to VSBs Enrolled in SSBCI-Supported Programs 
(for the period: 01/01/2026 – 03/31/2026)
213 for $13,513,119.95

Total Number of Loans to Small Businesses Owned by Socially and Economically Disadvantaged Individuals (SEDI)* Enrolled in SSBCI-Supported Programs 
(for the period: 01/01/2026 – 03/31/2026)
145 for $18,442,621.03
*SEDI defined by a self-certification form or small business located in a CDFI Investment area

Total Number of Loans to Small Businesses Which Qualified as both VSB and SEDI Enrolled in SSBCI-Supported Programs 
(for the period: 01/01/2026 – 03/31/2026) 
138 for $9,977,473.13

Micro-Loans Enrolled in All Programs Over Program Lifetime:
(Loans under $40,000)
29,101 for $539,836,422.93

Average CalCAP Loan Amount for All CalCAP Programs
$83,822.40

Program Achievements Since Inception:

CalCAP Small Business Program Loan Enrollment Since 1994
30,814 loans for $2,304,777,491.80

CalCAP Collateral Support Program Loan Enrollment Since 2013
603 for $703,323,036.31

CalCAP Zero-Emission Heavy-Duty Vehicle Program Loan Enrollment Since 2024
11 loans for $1,859,811.47

CalCAP Zero-Emission Heavy-Duty Infrastructure Program Loan Enrollment Since 2024
0

CalCAP Zero-Emission Truck, Bus and Infrastructure Financing Loan Enrollment Since 2024
1 loan for $265,695.00

CalCAP CARB Heavy-Duty Vehicle Air Loan Program Enrollment (closed to new enrollments) From 2009 to 2023
43,067 loans for $3,232,077,512.67

CalCAP Electric Vehicle Charging Station (closed to new enrollments) From 2015 to 2022
5 loans for $2,011,124.00

CalCAP Seismic Safety Financing Program Enrollment Since 2016
4 loans for $385,000.00

California Investment and Innovation Program (Cal IIP)

2025/2026 Grant Awards:
73 CDFIs received grant awards ranging from $100,000 to $222,222.22
A total of $9,999,999.94 was awarded
Total amount of awards expended as of 03/31/2026: $62,698.41

2024/2025 Grant Awards:
75 CDFIs received grant awards ranging from $100,000 to $428,571.42
A total of $14,999,999.92 was awarded
Total amount of awards expended as of 03/31/2026: $6,529,172.42

2023/2024 Grant Awards:
67 CDFIs received grants awards ranging from $100,000 to $600,000
A total of $14,200,000 was awarded
Amounts expended as of 03/31/2026: $12,727,133.98

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 Over Program Lifetime (All program funding is disbursed):
$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.