Vol. 1, No. 6, Published October 1, 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 September 2015.
| Health | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 9/24/2015 | Sutter Health | Revenue Bond Financing | $212,000,000 | Sacramento | CHFFA |
| 9/24/2015 | Loma Linda University Children's Hospital | Grant Funding | $67,902,990 | Loma Linda | CHFFA |
| 9/24/2015 | Loma Linda University Children's Hospital | Grant Funding | $98,000,000 | Loma Linda | CHFFA |
| Sustainability and Economic Development | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 9/15/2015 | Rolls-Royce High Temperature Composites Inc. | Sales and Use Tax Exclusion | $734,898 | Huntington Beach | CAEATFA |
| 9/15/2015 | Clean World Partners LLC | Sales and Use Tax Exclusion | $993,287 | Sacramento | CAEATFA |
| 9/15/2015 | Monolith Materials, Inc. | Sales and Use Tax Exclusion | $548,486 | Redwood City | CAEATFA |
| Housing | |||||
| Approval Date | Recipient Name | Type | Amount | City | Authority* |
|---|---|---|---|---|---|
| 9/16/2015 | City of Los Angeles | Private Activity Bond | $30,552,813 | Los Angeles | CDLAC |
| 9/16/2015 | County of Contra Costa | Private Activity Bond | $8,505,523 | Martinez | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $5,500,000 | Avenal | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $4,500,000 | Coalinga | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $7,200,000 | Esparto | CDLAC |
| 9/16/2015 | Housing Authority of the County of San Bernardino | Private Activity Bond | $1,000,000 | Yucaipa | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $29,004,040 | San Francisco | CDLAC |
| 9/16/2015 | California Statewide Communities Development Authority | Private Activity Bond | $13,000,000 | Huntington Beach | CDLAC |
| 9/16/2015 | City of Los Angeles | Private Activity Bond | $1,413,082 | Los Angeles | CDLAC |
| 9/16/2015 | Housing Authority of the County of Kern | Private Activity Bond | $6,000,000 | Bakersfield | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $48,768,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $38,633,000 | San Francisco | CDLAC |
| 9/16/2015 | City of Los Angeles | Private Activity Bond | $25,000,000 | Sylmar | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $69,238,000 | San Francisco | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $10,000,000 | Carmichael | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $10,500,000 | Rancho Cordova | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $11,250,000 | Carmichael | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $10,000,000 | Fair Oaks | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $30,708,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $19,514,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $25,612,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $39,843,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $16,227,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $21,475,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $14,297,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $18,074,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $10,000,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $22,168,000 | San Francisco | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $21,770,000 | San Francisco | CDLAC |
| 9/16/2015 | County of Contra Costa | Private Activity Bond | $7,100,000 | Walnut Creek | CDLAC |
| 9/16/2015 | City and County of San Francisco | Private Activity Bond | $13,265,000 | San Francisco | CDLAC |
| 9/16/2015 | County of Contra Costa | Private Activity Bond | $5,800,000 | Oakley | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $20,840,000 | Lancaster | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $10,000,000 | Thousand Oaks | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $13,000,000 | Upland | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $8,600,000 | Lakeside | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $22,347,000 | Palo Alto | CDLAC |
| 9/16/2015 | California Housing Finance Agency | Private Activity Bond | $31,000,000 | Santee | CDLAC |
| 9/16/2015 | California Municipal Finance Authority | Private Activity Bond | $7,000,000 | Garden Grove | CDLAC |
| 9/16/2015 | California Statewide Communities Development Authority | Private Activity Bond | $8,910,874 | Moreno Valley | CDLAC |
| 9/16/2015 | City of Los Angeles | Private Activity Bond | $7,500,000 | Los Angeles | CDLAC |
| 9/16/2015 | California Statewide Communities Development Authority | Private Activity Bond | $29,560,000 | Oxnard | CDLAC |
| 9/16/2015 | City of San Jose | Private Activity Bond | $30,000,000 | San Jose | CDLAC |
| 9/23/2015 | Woodfords LIHTC | Federal 9% and State Low Income Housing Tax Credits | $558,093 Federal $1,717,620 State |
Markleeville | CTCAC |
| 9/23/2015 | Alice Griffith Phase 3B | Federal 9% and State Low Income Housing Tax Credits | $2,499,732 Federal $0 State |
San Francisco | CTCAC |
| 9/23/2015 | Manzanita Garden Apartments | Federal 9% and State Low Income Housing Tax Credits | $529,560 Federal $0 State |
San Jacinto | CTCAC |
| 9/23/2015 | 860 on the Wye | Federal 9% and State Low Income Housing Tax Credits | $377,258 Federal $1,132,112 State |
San Luis Obispo | CTCAC |
| 9/23/2015 | Palmer Family Villas | Federal 9% and State Low Income Housing Tax Credits | $762,680 Federal $0 State |
Huron | CTCAC |
| 9/23/2015 | Overland Court Apartments | Federal 9% and State Low Income Housing Tax Credits | $681,192 Federal $2,657,446 State |
Los Banos | CTCAC |
| 9/23/2015 | Newhall Avenue Apartments | Federal 9% and State Low Income Housing Tax Credits | $979,854 Federal $0 State |
Santa Clarita | CTCAC |
| 9/23/2015 | Holly Heights I & II Apartments | Federal 9% and State Low Income Housing Tax Credits | $435,816 Federal $0 State |
Willits | CTCAC |
| 9/23/2015 | Panama Hotel Apartments | Federal 9% and State Low Income Housing Tax Credits | $993,299 Federal $0 State |
Los Angeles | CTCAC |
| 9/23/2015 | Riverbank Central Apartments | Federal 9% and State Low Income Housing Tax Credits | 1,085,897 Federal $4,236,271 State |
Riverbank | CTCAC |
| 9/23/2015 | Sequoia Belle Haven | Federal 9% and State Low Income Housing Tax Credits | $2,079,214 Federal $0 State |
Menlo Park | CTCAC |
| 9/23/2015 | Kottinger Gardens Phase 1 | Federal 9% and State Low Income Housing Tax Credits | $1,685,986 Federal $0 State |
Pleasanton | CTCAC |
| 9/23/2015 | Sutter Place | Federal 9% and State Low Income Housing Tax Credits | $462,107 Federal $1,804,389 State |
Carmichael | CTCAC |
| 9/23/2015 | Land Park Woods | Federal 9% and State Low Income Housing Tax Credits | $706,258 Federal $0 State |
Sacramento | CTCAC |
| 9/23/2015 | Mirage Town Homes | Federal 9% and State Low Income Housing Tax Credits | $494,479 Federal $0 State |
Los Angeles | CTCAC |
| 9/23/2015 | Cannery Lofts | Federal 9% and State Low Income Housing Tax Credits | $901,052 Federal $3,515,154 State |
Davis | CTCAC |
| 9/23/2015 | Alberta Gardens Apartments | Federal 9% and State Low Income Housing Tax Credits | $523,463 Federal $0 State |
Linda | CTCAC |
| 9/23/2015 | Shockley Terrace | Federal 9% and State Low Income Housing Tax Credits | $899,600 Federal $3,509,494 State |
Selma | CTCAC |
| 9/23/2015 | Lowell Neighborhood Project | Federal 9% and State Low Income Housing Tax Credits | $507,805 Federal $0 State |
Fresno | CTCAC |
| 9/23/2015 | Mosaic Gardens at Westlake | Federal 9% and State Low Income Housing Tax Credits | $2,240,144 Federal $6,722,450 State |
Los Angeles | CTCAC |
| 9/23/2015 | Mosaic Gardens at Pomona | Federal 9% and State Low Income Housing Tax Credits | $1,316,085 Federal $0 State |
Pomona | CTCAC |
| 9/23/2015 | Mission Cove Family I | Federal 9% and State Low Income Housing Tax Credits | $2,358,207 Federal $0 State |
Oceanside | CTCAC |
| 9/23/2015 | Wilmington & 118th Senior Housing | Federal 9% and State Low Income Housing Tax Credits | $1,746,453 Federal $0 State |
Los Angeles | CTCAC |
| 9/23/2015 | Civic Center 14 TOD | Federal 9% and State Low Income Housing Tax Credits | $1,245,402 Federal $0 State |
Oakland | CTCAC |
| 9/23/2015 | Sun House Senior Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,190,139 Federal $0 State |
Ukiah | CTCAC |
| 9/23/2015 | Talmadge Gateway | Federal 9% and State Low Income Housing Tax Credits | $874,877 Federal $2,625,417 State |
San Diego | CTCAC |
| 9/23/2015 | Tienda Drive Senior Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,340,300 Federal $5,503,929 State | Lodi | CTCAC |
| 9/23/2015 | Bloomington Housing, Phase II | Federal 9% and State Low Income Housing Tax Credits | $2,036,658 Federal $0 State |
Bloomington | CTCAC |
| 9/23/2015 | Green Valley Homes | Federal 9% and State Low Income Housing Tax Credits | $1,516,047 Federal $0 State |
Williams | CTCAC |
| 9/23/2015 | Atascadero Family Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,713,195 federal $6,683,459 State | Atascadero | CTCAC |
| 9/23/2015 | Rancho Rustic | Federal 9% and State Low Income Housing Tax Credits | $674,448 Federal $2,631,135 State |
Hollister | CTCAC |
| 9/23/2015 | St. Stephens Senior Housing | Federal 9% and State Low Income Housing Tax Credits | $908,728 Federal $0 State |
Unincorporated | CTCAC |
| 9/23/2015 | Valley View Apartments | Federal 9% and State Low Income Housing Tax Credits | $318,695 Federal $956,360 State |
Chico | CTCAC |
| 9/23/2015 | Derian Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,731,793 Federal $0 State |
Irvine | CTCAC |
| 9/23/2015 | Waterman Gardens Phase I | Federal 9% and State Low Income Housing Tax Credits | $1,206,742 Federal $0 State |
San Bernardino | CTCAC |
| 9/23/2015 | South West View Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,642,130 Federal $4,927,851 State | Los Angeles | CTCAC |
| 9/23/2015 | Norwood Learning Village | Federal 9% and State Low Income Housing Tax Credits | $954,414 Federal $0 State |
Los Angeles | CTCAC |
| 9/23/2015 | Escondido Site | Federal 9% and State Low Income Housing Tax Credits | $571,946 Federal $1,684,405 State |
Escondido | CTCAC |
| 9/23/2015 | Depot at Santiago Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,777,405 Federal $0 State |
Santa Ana | CTCAC |
| 9/23/2015 | Holt Family Apartments | Federal 9% and State Low Income Housing Tax Credits | $1,452,729 Federal $0 State |
Pomona | CTCAC |
| 9/23/2015 | Ortiz Plaza | Federal 9% and State Low Income Housing Tax Credits | $273,430 Federal $982,697 State |
Santa Rosa | CTCAC |
| 9/23/2015 | Ocean View Manor | Federal 9% and State Low Income Housing Tax Credits | $193,362 Federal $322,671 State |
Morro Bay | CTCAC |
*Authorities which the State Treasurer chairs: California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), California Debt Limit Allocation Committee (CDLAC), California Health Facilities Finance Authority (CHFFA), and California Tax Credit Allocation Committee (CTCAC).
See raw data: Financing numbers broken out by State legislative district