Sacramento, CA – July 30, 2025 – The California Statewide Communities Development Authority (CSCDA) Commission is pleased to announce the appointment of Felicia Williams as the new Executive Director of CSCDA. The appointment will be effective on August 1, 2025.
Williams will succeed Cathy Barna who was appointed as the first CSCDA Executive Director in 2014 and held the position until her retirement from CSCDA in February 2025, and Brian Moura who was appointed as Interim Executive Director of CSCDA and served in that role from March 1, 2025, until the new Executive Director starts on August 1, 2025.
Felicia Williams brings extensive experience in Municipal Finance, Clean Energy, Economic Development and Local Government to her new position at CSCDA. This includes 15 years of municipal bond banking and financial advisory work including experience with CSCDA’s pooled Tax Revenue Anticipation Notes (TRANs), Open PACE (Property Assessed Clean Energy), and Statewide Community Infrastructure Program (SCIP) programs. She has also worked in the Economic Development field advising cities on the creation of Enhanced Infrastructure Finance Districts (EIFD) and served on the Pasadena City Council during their review and approval of 3 CSCDA Workforce Housing Program projects.
Williams says “As a long-time advisor to cities and counties, and an elected official, I understand the many challenges facing our local governments. CSCDA has always developed innovative financing solutions and I look forward to responding to the current and future needs of our communities.”
CSCDA Chairman of the Board Brian Moura added “CSCDA conducted an extensive search process for the new Executive Director with the assistance of the recruiting experts at Bob Murray & Associates. Over 40 applicants applied for the position and were considered. Felicia Williams emerged from that process as the top-rated candidate by the CSCDA Commission members for her knowledge and experience with both CSCDA programs and her background in Municipal Finance and several related fields. She will be a fine addition to the CSCDA team, and we look forward to working with her.”
About CSCDA
CSCDA is a Joint Powers Authority created in 1988 and is sponsored by the California State Association of Counties (CSAC) and the League of California Cities (Cal Cities). More than 530 cities, counties and special districts are program participants in CSCDA, which serves as their conduit issuer and provides access to efficiently finance eligible projects.
CSCDA has issued more than $75 billion in tax-exempt bonds to help local governments build community infrastructure, create Community Facilities Districts (CFDs), funding for more than 25,000 affordable housing units in the last 8 years, provided over 7,700 housing units now restricted for Low and Middle Income residents, provided Commercial and Residential Clean Energy funding, create jobs, make access available to quality healthcare and education, and more.
CSCDA’s Open PACE program is the largest Property Assessed Clean Energy Program (PACE) in the nation with 14 Commercial PACE and 3 Residential PACE firms. CSCDA has issued 40% of the total number of Commercial PACE projects nationwide.
For more information about CSCDA please visit: www.cscda.org
Contact
Brian Moura
Chairman of the Board, CSCDA
Felicia Williams
Executive Director, CSCDA
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