Vol. 1, No. 1, Published May 6, 2015
Significant Financings
Treasurer John Chiang oversees several boards, commissions and authorities that award financing, tax credits, grants, loans, and other benefits aimed at promoting school projects, health care facilities, sustainable economic development and housing. Below is a summary of significant projects approved in the first quarter of 2015.
| Education | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 5/28/2015 | University of the Pacific | Tax-Exempt, Taxable | $69,000,000 | Stockton | CSFA |
| 2/11/2015 | Alliance for College-Ready Public Schools Facilities | Tax-Exempt, Taxable | $80,000,000 | Los Angeles | CSFA |
| 1/14/2015 | Rocketship Education | Tax-Exempt, Taxable | $29,000,000 | Redwood City, San Jose | CSFA |
| Health | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 2/26/2015 | Marshal Medical Center | Bond Financing | $35,000,000 | Placerville | CHFFA |
| 2/26/2015 | Northern California Presbyterian Homes & Services, Inc. | Bond Financing | $80,000,000 | San Francisco | CHFFA |
| 1/29/2015 | Life Steps Foundation, Inc. | Help II Loan Program | $1,000,000 | Santa Maria | CHFFA |
| Sustainability and Economic Development | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 1/17/2015 | Silevo, Inc. | Sales and Use Tax Exclusion (STE) | $8,971,610 | Fremont | CAEATFA |
| 3/17/2015 | Gordon Brush Mfg. Co., Inc. | Tax Exempt (TE), Taxable Bonds (TX) & Tax-Exempt IDB Allocation (IDB) | $10,000,000 | Industry | CIDFAC |
| 1/20/2015 | United Pacific Waste | Tax Exempt (TE), Taxable Bonds (TX) | $18,255,000 TE $210,000 TX |
Pico Rivera/ Irwindale | CPCFA |
| 1/20/2015 | Pacific Ethanol Madera, LLC | Sales and Use Tax Exclusion (STE) | $401,087 | Madera | CPCFA |
| 4/21/2015 | GKN Aerospace Chem-tronics, Inc. | Sales and Use Tax Exclusion (STE) | $5,420,497 | Santa Ana | CAEATFA |
| 4/21/2015 | California Renewable Power, LLC | Sales and Use Tax Exclusion (STE) | $1,101,315 | Perris | CAEATFA |
| 2/17/2015 | Rudolph Foods Company, Inc. | Tax Exempt (TE), Taxable Bonds (TX) & Tax-Exempt IDB Allocation (IDB) | $9,925,000 TE $500,000 TX | Beaumont | CIDFAC |
| 3/17/2015 | Spooner's Woodworks, Inc. | Tax Exempt (TE), Taxable Bonds (TX) & Tax-Exempt (IDB) Allocation | $5,555,000 TE $645,000 TX | Poway | CIDFAC |
| 1/20/2015 | Blue Line Transfer, Inc. | Tax Exempt (TE), Taxable Bonds (TX) | $22,720,000 $11,945,000 | South San Francisco | CPCFA |
| 3/17/2015 | J. Harris Industrial Water Treatment, Inc. dba Puretec Industrial Water | New Tax-Exempt Bonds, Tax Exempt Bond (IDB) Allocation | $3,435,000 new allocation $1,895,000 refunding of 2004 IDBs | San Jose | CIDFAC |
| 3/17/2015 | Haas Automation, Inc. | Sales and Use Tax Exclusion (STE) | $6,856,086 | Oxnard | CAEATFA |
| Housing | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 3/18/2015 | Northgate Terrace Apartments | Tax-Exempt Bond Project | $1,593,171 | Oakland | CTCAC |
| 3/18/2015 | Northgate Terrace Apartments | Tax-Exempt Bond Project | $29,500,000 | Oakland | CTCAC |
| 1/21/2015 | Friendship Manor & Triangle Court Apartments Supp. | Tax-Exempt Bond Project | $2,000,000 | Richmond | CDLAC |
| 3/18/2015 | Stoneman Village Apartments | Bond Financing | $11,050,000 | Pittsburg | CDLAC |
| 1/21/2015 | Westridge at Hilltop | Tax-Exempt Bond Project | $2,173,381 | Richmond | CTCAC |
| 3/18/2015 | Amberwood Apartments I and II | Bond Financing | $4,300,000 | Hanford | CDLAC |
| 3/18/2015 | Leaster Apartments (Scattered Site) | Bond Financing | $13,600,000 | Los Angeles | CDLAC |
| 1/21/2015 | Wilshire Manor Apartments | Tax-Exempt Bond Project | $27,000,000 | Los Angeles | CDLAC |
| 3/18/2015 | Anton Portola Apartments | Tax-Exempt Bond Project | $2,308,841 | Irvine | CDLAC |
| 3/18/2015 | Peter Tran | Bond Financing | $24,379,370 | Sacramento | CDLAC |
| 3/18/2015 | Anton Arcade Apartments | Tax-Exempt Bond Project | $1,071,415 | Sacramento | CTCAC |
| 3/18/2015 | Anton Arcade Apartments | Bond Financing | $15,500,000 | Sacramento | CDLAC |
| 3/18/2015 | Summit Rose Apartments | Tax-Exempt Bond Project | $429,816 | Escondido | CTCAC |
| 3/18/2015 | The Crossings at Escondido Manor Apartments | Tax-Exempt Bond Project | $377,566 | Escondido | CTCAC |
| 3/18/2015 | Betel Apartments | Tax-Exempt Bond Project | $757,888 | San Francisco | CTCAC |
| 3/18/2015 | Block 7W Mission Bay South Apartments | Bond Financing | $61,427,368 | San Francisco | CDLAC |
| 3/18/2015 | 6800 Mission Family Housing | Tax-Exempt Bond Project | $1,254,501 | Daly City | CTCAC |
| 3/18/2015 | 6800 Mission Family Housing Apartments | Bond Financing | $21,500,000 | Daly City | CDLAC |
| 3/18/2015 | Edgewater Isle Apartments | Bond Financing | $21,336,900 | San Mateo | CDLAC |
| 3/18/2015 | Edgewater Isle Rehabilitation | Tax-Exempt Bond Project | $1,325,047 | San Mateo | CTCAC |
| 3/18/2015 | Ocean View Apartments | Bond Financing | $18,075,000 | San Mateo | CDLAC |
| 3/18/2015 | Ocean View Senior Apartments | Tax-Exempt Bond Project | $1,052,616 | Pacifica | CTCAC |
| 1/21/2015 | Pilgrim Terrace Apartments | Tax-Exempt Bond Project | $13,088,000 | Santa Barbara | CDLAC |
| 3/18/2015 | Butterfield Retirement Apartments | Bond Financing | $19,000,000 | Morgan Hill | CDLAC |
| 1/21/2015 | Butterfield Retirement | Tax-Exempt Bond Project | $889,053 | Morgan Hill | CTCAC |
| 3/18/2015 | Madrone Apartments | Tax-Exempt Bond Project | $206,293 | Petaluma | CTCAC |
| 3/18/2015 | Madrone Village Apartments | Bond Financing | $4,216,000 | Petaluma | CDLAC |
| 3/18/2015 | Park Lane Apartments | Bond Financing | $15,803,000 | Petaluma | CDLAC |
| 1/21/2015 | Peter Tran | Bond Financing | $63,833,263 | Various Cities | CDLAC |
| 3/18/2015 | Johnson Garden Apartments | Bond Financing | $600,000 | Ventura | CDLAC |
| 3/18/2015 | Las Cortes | Tax-Exempt Bond Project | $2,319,691 | Oxnard | CTCAC |
| 5/20/2015 | Housing Authority of the County of Marin | Mortgate Credit Certificate Program | $2,009,342 | *Various | CDLAC |
* Authorities which the State Treasurer chairs: California Health Facilities Finance Authority (CHFFA), California Schools Finance Authority (CSFA), California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), California Industrial Development Financing Advisory Commission (CIDFAC), California Tax Credit Allocation Committee (CTCAC), and California Debt Limit Allocation Committee (CDLAC).
See raw data: Financing numbers broken out by state legislative district