Small business loan guarantees in FY 19-20
Dollars financed in FY 19-20
Financing activity since 1994
Days a project could be financed
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.
IBank finances projects and supports small businesses throughout California
City of Escondido
The City of Escondido will use the financing to provide a more reliable and efficient water and storage system to its residents, businesses and farmers. In an attempt to improve the safety, reliability and quality of water, the City…
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
IBank’s Board Approves Project Financing and Policy Changes
The California Infrastructure and Economic Development Bank’s (IBank) Board of Directors approved three bond financing requests
Governor Newsom, Legislative Leaders Announce Immediate Action Agreement for Relief to Californians Experiencing Pandemic Hardship
Governor Gavin Newsom, Senate President pro Tempore Toni G. Atkins and Assembly…
IBank’s COVID-19 Disaster Relief Initiative Serves 1,000th California Small Business
With help from the California Infrastructure and Economic Development Bank’s (IBank) Small Business Finance Center, more than 1,000 small businesses have…
Latest Tweets
Latest News
IBank’s Board Approves Project Financing and Policy Changes
The California Infrastructure and Economic Development Bank’s (IBank) Board of Directors approved three bond financing requests
Governor Newsom, Legislative Leaders Announce Immediate Action Agreement for Relief to Californians Experiencing Pandemic Hardship
Governor Gavin Newsom, Senate President pro Tempore Toni G. Atkins and Assembly…
IBank’s COVID-19 Disaster Relief Initiative Serves 1,000th California Small Business
With help from the California Infrastructure and Economic Development Bank’s (IBank) Small Business Finance Center, more than 1,000 small businesses have…
Latest Tweets
Leadership
Gavin Newsom
