The California Infrastructure and Economic Development Bank – IBank – was created through legislation because the State of California needed a financing entity structured with broad authority to issue bonds, provide guarantees and leverage state and federal funds using techniques that target public investment to facilitate economic development. The goal is to produce more private sector jobs with less public sector investment. IBank’s mission, shaped from that legislation in 1994, is to provide financial assistance to support infrastructure and economic development in California.
Per the Governor’s Stay at Home Order, IBank offices will be closed through December 25, 2020.
Office Address: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing Address: P.O. Box 2830, Sacramento, CA 95812-2830
MAIN Telephone: (916) 341-6600