July 29, 2025
The California Statewide Communities Development Authority (CSCDA) is pleased to announce the issuance of $151,555,000 in tax-exempt bonds for Sequoia Living, Inc., with facilities located in the City and County of San Francisco, City of Walnut Creek, Town of Portola Valley, and unincorporated County of Marin.
About Sequoia Living:
Founded in 1958, Sequoia Living, Inc. is a Bay Area nonprofit organization that provides older adults from all economic backgrounds with stimulating, joyful living environments and services that enrich their lives. Its mission is to provide homes and services for healthy and joyful aging. Through its diverse network of Life Plan Communities, affordable housing communities, and community service programs, Sequoia Living’s team of extraordinary people seeks to create experiences rooted in its guiding philosophy to Never Stop Growing.
About the Financing:
CSCDA partnered with Ziegler and Orrick, Herrington & Sutcliffe, LLP to provide the Series 2025 bonds. The Cal-Mortgage insured, investment grade rated, Series 2025 bonds were issued to finance and refinance various capital improvement projects throughout Sequoia Living’s facilities.
About CSCDA:
CSCDA is a joint powers authority created in 1988 and is sponsored by the California State Association of Counties and the League of California 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 locally-approved projects. CSCDA has issued more than $75 billion in tax-exempt bonds for projects that provide a public benefit by creating jobs, affordable housing, healthcare, infrastructure, schools and other fundamental services.
For more information about CSCDA, please visit: www.cscda.org
For more information about Sequoia Living, please visit: www.sequoialiving.org
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