Fiona Ma

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

California State Treasurer Fiona Ma announced the results of yesterday’s $3 billion sale of University of California Medical Center Pooled Revenue bonds. The University of California system consists of ten campuses and five associated medical centers that provide comprehensive medical services to the state’s most populated regions, including Los Angeles, …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 after COVID-19

State Treasurer Fiona Ma extended her thanks and appreciation to Governor Gavin Newsom for signing Assembly Bill 340 (Ward) (AB 340) into law. This important piece of legislation sponsored by Treasurer Ma will modernize how funds in a 529 college savings account can be utilized to help families pay for …continue reading

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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 CalSTRS, California State Teachers Retirement System, during COVID-19

The Teachers’ Retirement Board (Board) announced the appointment of Cassandra Lichnock as the new chief executive officer of the California State Teachers’ Retirement System (CalSTRS). CalSTRS is the world’s largest educator-only pension fund, with a 75% female membership. Lichnock will serve as the fund’s first female CEO, an important milestone …continue reading

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

California State Treasurer Fiona Ma released the following statement on Governor Gavin Newsom’s proposed May budget revision: Five stars for Governor Newsom’s budget! His proposals are far-sighted, far-reaching and take full advantage of a once-in-a-generation opportunity. These unprecedented investments will house tens of thousands of homeless people, build housing for …continue reading