California Infrastructure and Economic Development Bank

The California Infrastructure and Economic Development Bank (IBank) is a state agency that supports local governments and private projects by providing financing and funding solutions. Its goal is to promote economic growth, improve infrastructure, and enhance community facilities across California. IBank offers loans, bonds, and grants for projects like public transportation, affordable housing, and water systems. By helping fund these initiatives, the bank fosters job creation, improves quality of life, and strengthens the state's economy. It acts as a bridge connecting public needs with financial resources to ensure sustainable development.