California State Treasurer

featured graphic for California State Treasurer Fiona Ma after COVID-19

Energy efficiency upgrades financed through GoGreen Home Energy Financing, a program in the State Treasurer’s Office, have averted the greenhouse gas (GHG) emissions equivalent of 3.4 million car miles, according to a new report released this month. Administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), GoGreen …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

California State Treasurer Fiona Ma announced the sale of $1.05 billion in Social Bonds by the California Health Facilities Financing Authority for the State’s No Place Like Home (NPLH) program to provide housing and assistance to the State’s homeless population. The bonds are designated as “Social Bonds” because they follow …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

California State Treasurer Fiona Ma announced the successful sale today of $35 million in tax-exempt conduit revenue bonds for Art Center College of Design (Art Center), in Pasadena. The sale was approved by the California Educational Facilities Authority (CEFA), chaired by Treasurer Ma. Proceeds of the bonds will be used …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

California State Treasurer Fiona Ma applauded Governor Gavin Newsom for again allocating $500 million in state low-income housing tax credits to the California Tax Credit Allocation Committee (CTCAC). This is the fourth fiscal year that Governor Newsom has proposed this historic investment to fast track affordable housing projects in California …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

California State Treasurer Fiona Ma announced the completion of a $562.5 million bond sale for the State Public Works Board (PWB), which includes $467.55 million of Climate Bond Certified Green Bonds to provide long-term financing for the Department of General Services (DGS) New Natural Resources Headquarters in Sacramento. The new …continue reading

featured graphic for California State Treasurer Fiona Ma

State Treasurer Fiona Ma called Assembly Bill 132, signed by Governor Gavin Newsom, a “visionary plan and game-changer.” The bill implements the 2021-22 State Budget plan, which allocates $1.9 billion to fund college savings accounts of $500 each for 3.7 million low-income California public school students from first to 12th …continue reading

featured graphic for California State Treasurer Fiona Ma during COVID-19

State Treasurer Fiona Ma announced the landmark program between the California Pollution Control Financing Authority (CPCFA) and the California Air Resources Board (CARB) has now been extended two additional years. The financing partnership extension for the Heavy-Duty Vehicle Air Quality Loan Program was approved by the CPCFA Board, chaired by …continue reading

featured graphic for California State Treasurer Fiona Ma

California State Treasurer Fiona Ma praised Governor Gavin Newsom for once again earmarking $500 million in state low-income housing tax credits to the California Tax Credit Allocation Committee (CTAC), which she chairs, and for doubling a program that offers critical tax incentives to California manufacturers. “Two thumbs up to Governor …continue reading

featured graphic for California State Treasurer Fiona Ma

State Treasurer Fiona Ma announced that two committees she chairs, the California Debt Limit Allocation Committee (CDLAC) and the California Tax Credit Allocation Committee, have each adopted regulations to streamline the process for financing low-income housing and create greater alignment with the Newsom Administration’s housing goals in the process for …continue reading