California State Treasurer Fiona Ma

The State Treasurer’s Office announced the release of a report by the Southern California Association of Non-Profit Housing (SCANPH) summarizing key insights from a recent series of round-tables on housing for under-served students on community college campuses. Earlier this year, the State Treasurer’s Office and SCANPH, along with the California …continue reading

Legislation that would protect ScholarShare 529 college savings accounts from the enforcement of money judgements by creditors was passed by the Senate on concurrence and now heads to the Governor’s desk for potential signature. The bill, SB 898, is authored by State Senator Bob Wieckowski, D-Fremont, and sponsored by State …continue reading

California State Treasurer Fiona Ma announced the sale of $1.3 billion of revenue bonds for the Trustees of the California State University (CSU) to provide funding for various capital improvements and refund certain of CSU’s outstanding Systemwide Revenue Bonds. “Funds from this bond sale will soon be put into action …continue reading

California State Treasurer Fiona Ma, chair of the California Health Facilities Financing Authority (CHFFA), announced approval of up to $376 million in tax-exempt and taxable conduit revenue bonds for PIH Health, Inc. (PIH) to finance the renovation, expansion and equipping of multiple health facilities in Los Angeles County. PIH also …continue reading

California State Treasurer Fiona Ma, chair of the California Health Facilities Financing Authority (CHFFA), announced approval of the first COVID-19 Emergency HELP loan in the amount of $250,000 for Operation Samahan, Inc. (Operation Samahan) to increase space for a drive-thru clinic for COVID-19 screenings and services and to renovate an …continue reading

California State Treasurer Fiona Ma announced that the California School Finance Authority (CSFA), which she chairs, has launched a new, statewide pooled Tax and Revenue Anticipation Note (TRAN) financing program in support of K-12 school districts, county offices of education, and community college districts. As part of the 2020-21 California …continue reading

California State Treasurer Fiona Ma, CPA, will host the continuation of the webinar series “Jumpstart Business Operations” presented by Mike Brown, founder of The Brainzooming Group. “As California businesses continue to pivot from survival mode to re-opening efforts it’s imperative we help them develop strategies and innovative techniques to succeed,” …continue reading

State Treasurer Fiona reminds those local governments receiving PG&E settlement funds that they can invest these monies through a special program run by the State Treasurer’s Office special program – the Local Agency Investment Fund (LAIF). LAIF invests local government revenues for them. This fund is professionally managed and requires …continue reading

California State Treasurer Fiona Ma announced she has launched a resource list for small business owners affected by the COVID-19 pandemic. The list is located here http://bit.ly/stosmallbizlist. It includes resources from the federal, state, and local governments, nonprofits, and the private sector. The list contains information on grants and loans, …continue reading

California State Treasurer Fiona Ma announced that the California Tax Credit Allocation Committee, (CTCAC) which she chairs, is clarifying its regulations to make certain that 13 counties hit by disasters receive $100 million in new federal tax credits. The federal credits, carried by Rep. Mike Thompson, D-Napa, and approved by …continue reading