California Statewide Communities Development Authority

The California Statewide Communities Development Authority (CSCDA) is a public agency that helps local governments in California finance community projects. It does this by issuing bonds, which are loans raised from investors. The funds are often used for affordable housing, infrastructure improvements, and other community development needs. By providing financial solutions and support, the CSCDA enables local governments to enhance livability and stimulate economic growth while reducing costs for taxpayers. Essentially, it plays a key role in facilitating important projects that benefit communities across the state.