Bond Financing Program

Tax-exempt and taxable conduit revenue bond financing is available featuring:

  •  Low-Interest Rates
  •  Long-Term Financing
  •  Flexible Terms

Board Approved Bond Financings

Types of IBank Bond Financing:

501(c)(3) Bonds
Tax-exempt financing to eligible nonprofit public benefit corporations for the acquisition and/or improvement of facilities and capital assets. Typical borrowers include cultural, charitable and recreational organizations, research institutes and other types of organizations that provide public benefits.

Industrial Development Bonds (IDBs)
Tax-exempt financing up to $10 million for qualified manufacturing and processing companies for the construction or acquisition of facilities and equipment. IDBs allow private companies to borrow at low interest rates normally reserved for state and local governmental entities.

Exempt Facility Bonds
Tax-exempt financing for projects that are government-owned or consist of private improvements within publicly-owned facilities, such as private airline improvements at publicly-owned airports.

Public Agency Revenue Bonds (PARBs)
Bond financings for various State entities and programs.

Bond Project Map

Locate Bond Financing projects with our searchable map.

How to Apply

Applications are continuously accepted and available below. We encourage you to call us before applying. IBank representatives provide technical assistance and work with you throughout the process. IBank’s Board of Directors normally meets each month to consider approval of applications received prior to the meeting date. Check here for board meeting deadlines.

*In order to use this version of the application, you will need to have Adobe Acrobat Reader. The latest version of Acrobat Reader is available to download free from Adobe's website. Submit completed applications, or questions, via email to LoanProgram@ibank.ca.gov or by mail to P.O. Box 2830 Sacramento, CA 95812-2830. Please be sure to download and save the application PRIOR to entering any data.

For more information contact us about your project:

Fariba Khoie, Bond Program Manager

Office Address: 1325 J Street, Suite 1823, Sacramento, CA 95814
Mailing Address: P.O. Box 2830, Sacramento, CA 95812-2830
Email: Fariba.Khoie@ibank.ca.gov
Telephone: (916) 341-6600
Fax: (916) 322-6314

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