CEDA Latest News

Crespi Carmelite High School and CEDA close $8 Million Tax-Exempt Financing to Fund School Improvements

The California Enterprise Development Authority (CEDA) offers tax-exempt financing to 501(c)(3) non-profit organizations looking to realize savings in debt service payments—savings that can be put back into the organization’s operations. In July 2019, Crespi Carmelite... Read More

$32.5 Million Tax-Exempt Financing with CEDA Helps Expand Samueli Academy’s Mission to Educate Underserved Youth in Orange County

Samueli Academy is a 501(3)(3) non-profit charter high school located in Santa Ana that currently serves students in grades 9 through 12. The Academy’s mission is to provide a transformational learning environment to local, underserved... Read More

Wilshire Boulevard Temple Closes $50 Million Tax-Exempt Financing with CEDA to Complete Master Building Plan

WILSHIRE BOULEVARD TEMPLE Founded in 1862 and renamed in 1929, Wilshire Boulevard Temple is one of the oldest and highly-respected reform Jewish congregations in the country. The Temple has two locations to serve communities in... Read More

CEDA Closes $7.1 Million Tax-Exempt Financing with Sequoia Affordable Housing Foundation for Assisted Living Facility in Vista

CEDA Closes $7.1 Million Tax-Exempt Financing with Sequoia Affordable Housing Foundation for Assisted Living Facility in Vista Sequoia Affordable Housing Foundation (SAHF) was organized in 2018 as a California non-profit corporation with a mission to... Read More

St. Helena Montessori School and CEDA Close $4.9 Million Tax-Exempt Financing

St. Helena Montessori School has been a part of the Napa Valley area since 1981. Incorporated in 1989 as a 501(c)(3) non-profit public benefit corporation, the school offers an alternative educational program that encompasses Montessori... Read More

CEDA’s IDB Program Supports California Manufacturers & the Passing of AB 1547 Removes Barriers to this Low-Cost Financing Tool

Manufacturing Day 2018 Since 2012, the first Friday of October has been designated as Manufacturing Day℠ or MFG DAY to celebrate manufacturing successes. This year it is October 5, 2018. The National Association of Manufacturers... Read More

CEDA Closes Tax-Exempt Financing with Verge Center for the Arts in Sacramento for approximately $1.7 million

Verge Center for the Arts was founded in 2008 in Sacramento, CA as a commercial art gallery with two exhibition spaces and 20 artist studios. With the intent to further its reach in showing exhibitions... Read More

The San Francisco Conservatory of Music Closes $100 Million Deal Through CEDA to Finance a 12-Story Performing Arts Center & Residential Tower

The San Francisco Conservatory of Music (SFCM) has provided internationally-acclaimed music education in San Francisco for the past 100 years. In 2006, SFCM moved to its 50 Oak Street campus in downtown San Francisco and... Read More

Dividend Finance Closes the First Commercial PACE Bonds for Solar Installation on HUD Multifamily Properties

The California Enterprise Development Authority’s (CEDA) PACE Program Administrator, Dividend Finance, closed two Commercial PACE bonds in March 2018, totaling $1,066,882. Each bond funds the installation of carport-mounted solar PV arrays on neighboring Department of... Read More

Affordable Senior Housing Foundation Closes $5.1 Million Tax-Exempt Financing with CEDA to Acquire Oak Hill Residential Care Facility

Affordable Senior Housing Foundation is a 501(c)(3) non-profit organization which was established to manage and operate the Oak Hill Residential Care facility in Escondido, California. Oak Hill Residential Care, also a 501(c)(3) non-profit, was... Read More

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