Small business loan guarantees in FY 20-21
Bonds and loans issued in FY 20-21
Total finance activity
Jobs created or retained
What is IBank?
The California Infrastructure and Economic Development Bank (IBank) was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public agencies, provide credit enhancements, acquire or lease facilities, and leverage State and Federal funds. IBank’s current programs include the Infrastructure State Revolving Fund (ISRF) Loan Program, California Lending for Energy and Environmental Needs (CLEEN) Center, the Climate Catalyst Revolving Loan fund, Small Business Finance Center and the Bond Financing Program.
Our Mission
To provide financial assistance and support infrastructure and economic development in California.
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IBank finances projects and supports small businesses throughout California

City of Laguna Beach
The City of Laguna Beach will use the funds for a project that will protect the health of residents, help keep beaches open for 6 million beachgoers each year, and help prevent sewer spills into the ocean with Phase One…

Foothill Family Service
Foothill Family Service is a nonprofit corporation founded in 1926 in Pasadena that serves the greater Los Angeles community, providing mental health and counseling, behavioral health services, domestic violence prevention…

Bakker Construction, Inc
Bakker Construction is jointed owned by husband and wife, Shawn and Amanda Bakker. Shawn is a fourth generation contractor and has lived in Monterey County for the past eight years. Shawn and Amanda are the visionaries of Tatum’s…
Latest News
California IBank’s Climate Catalyst Fund expands to support climate-smart agriculture, spur innovation
The state’s recently launched climate-finance program expands to support agricultural technologies and practices that reduce environmental impacts and promote resiliency in a changing climate SACRAMENTO (August 2, 2022) — With the passage of California’s 2022-23 state...
Air District’s Climate Tech Finance Program funds clean security and lighting solutions to replace diesel generators
SAN FRANCISCO - The Bay Area Air Quality Management District has awarded a loan guarantee to King Solarman, a provider of smart solar generators in California. Their products replace loud and aging diesel generators used for mobile light towers and surveillance...
State of California’s Infrastructure and Economic Development Bank deploys $120 million in emergency funds, incentivizing more than $600 million in loans to small businesses
The state of California’s Infrastructure and Economic Development Bank — known as IBank — announced deployment of $120 million in emergency funding, creating incentives for private lenders to loan to small businesses. As a result…
IBank Board Approves $20 Million Loan to Help Encinitas Improve Road Safety for Pedestrians and Drivers
The California Infrastructure and Economic Development Bank (IBank) board of directors approved $20 million in loan financing to the City of Encinitas for a project that will preserve and revitalize the North Coast Highway 101 Corridor….
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Latest News
California IBank’s Climate Catalyst Fund expands to support climate-smart agriculture, spur innovation
The state’s recently launched climate-finance program expands to support agricultural technologies and practices that reduce environmental impacts and promote resiliency in a changing climate SACRAMENTO (August 2, 2022) — With the passage of California’s 2022-23 state...
Air District’s Climate Tech Finance Program funds clean security and lighting solutions to replace diesel generators
SAN FRANCISCO - The Bay Area Air Quality Management District has awarded a loan guarantee to King Solarman, a provider of smart solar generators in California. Their products replace loud and aging diesel generators used for mobile light towers and surveillance...
State of California’s Infrastructure and Economic Development Bank deploys $120 million in emergency funds, incentivizing more than $600 million in loans to small businesses
The state of California’s Infrastructure and Economic Development Bank — known as IBank — announced deployment of $120 million in emergency funding, creating incentives for private lenders to loan to small businesses. As a result…
Latest Tweets
Newsletter Sign Up
Want to Stay Informed About IBank?
Sign Up for Our Newsletter
Leadership
Gavin Newsom

































