grant 1662

CEFA Bond Financing for California Private Nonprofit Colleges

Provides California-based (or California-facility) regionally accredited private nonprofit postsecondary institutions access to low-interest tax-exempt and taxable revenue bonds for capital needs. Eligible uses include construction, renovation, land acquisition, equipment purchase, refinancing, and bond issuance costs; applicants must have operated at least three years, supply three years of a…

Purpose:

This program will provide a borrower with access to low interest rate capital markets through the issuance of tax-exempt and taxable revenue bonds.

Description:

Eligibility

General Requirements

-Be regionally accredite…

Awards & funding

Award Ceiling: $5B
Award Floor: $1

Eligibility

Nonprofit

Be accredited by the Western Association of Schools and Colleges (WASC); be a private, non-profit, post-secondary degree-granting institution located in or with accredited facilities in California; offer a broad range of secular subjects; have been operating and can provide audited financial for…

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