grant 1848

California Pollution Control Tax-Exempt Bond Financing (CPCFA)

The CPCFA provides low-cost, tax-exempt private activity bonds to finance acquisition, construction, or installation of pollution control, waste, water, and resource-recovery facilities for California businesses (including small businesses). CPCFA acts as the conduit issuer; projects must meet federal requirements (CDLAC allocation, TEFRA hearing, use-of-proceeds and asset-life limits) and app…

Purpose:

The Pollution Control Tax-Exempt Bond Financing Program facilitates low cost capital through private activity, tax-exempt bonds. The securities pay for acquisition, construction or installation of qualified pollution control, water furnishing, waste disposal, was…

Awards & funding

Total Funding: $550M
Award Ceiling: $550M
Award Floor: $1.5M

Eligibility

Business

CPCFA provides financing for any qualified California business, regardless of size, for projects that include the acquisition, construction and/or equipping of qualified pollution control, waste disposal, water furnishing, sewage treatment and resource recovery facilities. The final determinatio…

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