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Industrial Development Bonds for growing manufacturing businesses

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Presentation on theme: "Industrial Development Bonds for growing manufacturing businesses"— Presentation transcript:

1 Industrial Development Bonds for growing manufacturing businesses
CEDA is the California Enterprise Development Authority, which issues conduit revenue bonds for economic development projects. We are a Joint Powers Authority dedicated to economic development finance and issue: Industrial Development Bonds for growing manufacturing businesses 501(c)3 bonds for the non-profit businesses in your community

2 CEDA is the best option because:
Interest rates 20% -30% below commercial lending rates Low cash down payment - 10% - 20% Single point of contact throughout the lending process Experienced finance team has structured over $500 million in ED financing Some past CEDA Projects…

3 French American & Chinese American International Schools Refinanced to reduce interest costs with the ability to access low interest for future construction $ 22,000,000

4 MCF Holdings Leases low-cost office space to community service organizations including family and social justice services. Refinanced debt to reduce interest costs $ 8,036,000

5 Vista Community Clinic Providing health services to low income residents of Northern San Diego County. Financed purchase and improvements of two office buildings that will house medical exam rooms, health education and administrative offices $ 4,200,000

6 Santa Barbara Student Housing Refinanced the debt used to acquire low cost, cooperative housing for students attending UC Santa Barbara $3,250,000

7 North Waterford Apartments Refunded $24,500,000 in Redevelopment Multi- Family Housing Bonds & issued new bonds for other obligations $ 36,000,000

8 JBR Coffee Financed the purchase of an existing 216,000 square foot building for production
$ 10,000,000

9 Asian Art Museum of San Francisco Restructured existing debt for the largest Asian art collection in the Western world $ 98,400,000


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