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CSCDA Releases 2016/17 Fiscal Year Summary - Sets New Record in Affordable Housing Bonds
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$25.2
Billion
For Nonprofit
Projects
CSCDA Releases 2016/17 Fiscal Year Summary - Sets New Record in Affordable Housing Bonds
July 11, 2017
The California Statewide Communities Development Authority (CSCDA) is pleased to release its summary of public benefit activities for the year ending June 30, 2017:
Affordable Housing Bonds Issued –
$852,089,555
The Largest Housing Bond Volume in CSCDA’s 29-Year History
Volume Increased
26%
- Creating or Preserving More than
5,200
Affordable Units
501c3 Nonprofit Bonds Issued –
$671,680,000
Infrastructure Bonds Issued –
$91,093,593
Property Assessed Clean Energy (PACE) Bond Issuance Increased by
70%
CSCDA Now Has Six Administrators under its Open PACE Program
Received
$70 Million
Allocation of New Markets Tax Credits
The Largest Award Received by a California Based Community Development Entity
Summaries of closed transactions can be found at
http://cscda.org/Resources/News/
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