The California Statewide Communities Development Authority (CSCDA), founded in 1988 and based in Sacramento, California, is a public agency that aims to enhance the economic well-being of communities throughout the state. CSCDA provides financing solutions for public infrastructure and community development projects through the issuance of tax-exempt bonds.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CASGEN 5.08% 2034-06-01 USDCalifornia Statewide Communities Development Authority | United States | 2034-06-01 | 5.083 | 3.96 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CSCDA has a long history of bond issuances dating back to its inception, focusing on financing affordable housing, essential public facilities, and healthcare projects. A notable issuance occurred in 2020, when it raised over $300 million for affordable housing development, achieving competitive yields compared to industry standards. The authority offers unique features such as unrated bonds with local credit support, making them attractive to investors seeking both yield and community impact. Recent developments include expanded collaboration with local governments to expedite bond processes, enabling quicker funding for pressing community projects.