Fiona Ma (Page 2)

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

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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

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

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California State Treasurer Fiona Ma announced the sale of $533.8 million in California Department of Water Resources (DWR) Water System Revenue Bonds to finance certain State Water Project capital improvements and refund previously issued debt. The refunding bonds are expected to save $20.3 million in debt service costs over the …continue reading

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

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California State Treasurer Fiona Ma announced that over $15 million in grants have been awarded to nine California counties under the Investment in Mental Health Wellness Grant Program for Children and Youth (CY Grant Program). This competitive grant program funds facility acquisition, construction and renovation costs, furnishings and equipment acquisition, …continue reading

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

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California State Treasurer Fiona Ma today announced the completion of the sale of $1.8 billion various purpose general obligation bonds (G.O. Bonds) to finance costs related to a variety of state programs and to refinance prior borrowings for interest cost savings. “Investors continue to seek out California’s general obligation bonds …continue reading

featured graphic for California State Treasurer Fiona Ma

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In: Environment, Government

To better meet the goals of California in pursuit of a net-zero carbon future, Treasurer Fiona Ma continues to streamline operations at the State Treasurer’s Office and create operational efficiencies for two financing authorities she chairs, the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) and the California Pollution …continue reading

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California State Treasurer Fiona Ma announced her appointment of Nancee Robles as Executive Director of the California Tax Credit Allocation Committee (CTCAC) and Interim Executive Director of the California Debt Limit Allocation Committee (CDLAC). “I have worked closely with Ms. Robles and am confident that she is the right person …continue reading

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California State Treasurer Fiona Ma announced data indicating an impressive leap in California’s affordable housing production and preservation efforts in 2020. According to the California Debt Limit Allocation Committee (CDLAC) and California Tax Credit Allocation Committee (CTCAC), the two committees Treasurer Ma chairs issued tax-exempt bonds and allocated state and …continue reading

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In: Education, Government

ScholarShare 529, California’s official college savings plan, today announced it posted record growth in 2020, as many California families deepened their commitment to saving for higher education despite COVID-19 challenges. Compared to 2019, total contributions to ScholarShare 529 accounts increased 15 percent and the number of new account openings increased …continue reading

featured graphic for California State Treasurer Fiona Ma

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In: Business, Church, Government

Treasurer Fiona Ma commended the call by the Vatican’s Council for Inclusive Capitalism to create new standards for reporting on the three pillars of corporate sustainability: Environmental, Social and Governance (ESG). “We need more and better information and we need it now. During the pandemic income and wealth disparities have …continue reading

featured graphic for California State Treasurer Fiona Ma

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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