CSCDA
CSCDA is a California joint powers authority created in 1988 that issues tax-exempt bonds and administers financing programs for 530+ local government agencies, nonprofits, and affordable housing developers. It has facilitated $75+ billion in financings across 1,700+ deals and ranks among the top 10 US public issuers of tax-exempt debt.
- Company typePrivate
- Founded1988
- HeadquartersWalnut Creek, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What CSCDA does
CSCDA (California Statewide Communities Development Authority) is a joint powers authority created in 1988 under California's Joint Exercise of Powers Act and jointly sponsored by the League of California Cities and the California State Association of Counties. It functions as a statewide conduit bond issuer and program administrator, providing tax-exempt and taxable financing for public agencies, 501(c)(3) nonprofits, affordable housing developers, and private entities undertaking community-benefit projects across California. CSCDA has issued more than $75 billion through 1,700+ financings and consistently ranks in the top 10 among more than 3,000 nationwide public issuers of tax-exempt debt, with over 530 California cities, counties, and special districts as Program Participants.
Its core product set spans private activity bond programs (501(c)(3) Nonprofit Bonds, Housing Bonds, Exempt Facilities/Solid Waste Bonds, Taxable Bonds), public agency programs (Total Road Improvement Program/TRIP, Pension Obligation Bonds), infrastructure finance (SCIP pooled revenue bonds, Community Facilities District financing), Property Assessed Clean Energy (Open PACE) financing, the New Markets Tax Credit Program through affiliate CSCDC, and the Workforce Housing Program through affiliate CSCDA CIA. The underlying platform architecture relies on pooled finance mechanisms to aggregate bond issuances across participants for economies of scale, supported by an online application portal (JotForm), public commission meetings, and a network of professional service partners including Orrick (legal counsel), RBC Capital Markets (underwriter), Wilmington Trust (trustee), and BLX Group (program administrator).
CSCDA operates as a not-for-profit public entity without equity capital; revenue consists of issuance fees and ongoing compliance/annual fees charged to borrowers, plus professional services revenue from administering SCIP and other programs. The organization does not carry liability for bond debt, which is the obligation of the underlying borrower. With 1-10 employees and reliance on extensive professional partner networks, CSCDA runs an extremely lean operating model that leverages its statutory authority and institutional reputation to facilitate large-scale public finance activity. Two wholly-owned affiliates — CSCDC (CDE for NMTC) and CSCDA CIA (workforce housing) — extend the mission into adjacent operating activities beyond conduit bond issuance.
CSCDA firmographics
Firmographics- Name
- CSCDA
- Legal name
- California Statewide Communities Development Authority
- Website
- https://cscda.org
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CSCDA is a California joint powers authority created in 1988 that issues tax-exempt bonds and administers financing programs for 530+ local government agencies, nonprofits, and affordable housing developers. It has facilitated $75+ billion in financings across 1,700+ deals and ranks among the top 10 US public issuers of tax-exempt debt.
- Ownership category
- akta.pro rank
CSCDA industry classification
Industry- Product category
- Municipal Bond Issuance and Public Finance
- NAICS
- Administration of Urban Planning and Community and Rural Development (92512), Public Administration (92)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Public Mortgage Insurance & Government Credit Guarantee Programs (FSALAKAD)
Keywords
Where CSCDA is headquartered
LocationHeadquarters
- HQ city
- Walnut Creek
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
CSCDA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Revenue model
- Conduit Bond Issuance Fees: CSCDA facilitates tax-exempt bond issuances for public benefit projects. The organization charges issuance fees and ongoing compliance fees to borrowers. Bond repayments are obligations of the borrower, not CSCDA or Program Participants. CSCDA is a nonprofit joint powers authority with no public liability for bond debt.
- SCIP Program Administration: CSCDA administers the Statewide Community Infrastructure Program, which helps developers pay impact fees and finance public improvements through assessment districts or community facilities districts. The program is administered by trained consultants who prepare tax rolls, disseminate continuing disclosure reports, and handle delinquencies.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
CSCDA product offering
Product offeringCore offering
CSCDA is a joint powers authority that serves as a statewide conduit issuer of tax-exempt bonds and administers pooled public finance programs for California local agencies, nonprofit organizations, and private developers. It enables access to low-cost financing for affordable housing, healthcare facilities, senior living, infrastructure, energy efficiency, and economic development through pooled bond issuances, the SCIP infrastructure program, Open PACE, New Markets Tax Credits, and a Workforce Housing Program.
Product overview
CSCDA is a joint powers authority offering a comprehensive suite of public finance programs. The core offerings include bond financing programs (501(c)(3) Nonprofit Bonds, Housing Bonds, Exempt Facilities/Solid Waste Bonds, and Taxable Bonds) for private activity financing; infrastructure programs (SCIP, CFD Financing) for public improvements; and agency programs (TRIP, POBs) for local government needs. Additional specialized programs include PACE financing for energy efficiency projects, the NMTC Program for low-income community investments, and the Workforce Housing Program for middle-income housing acquisition. These programs are accessed through an online application system and administered with partner financial institutions.
Differentiator
Problem solved
Functional benefit
Products and services
- 501(c)(3) Nonprofit Bonds
Quantifiable outcome
- More than $75 billion in tax-exempt bonds issued through 1,700+ financings since 1988
- +4 more outcomes
Companies that use CSCDA
Customer profileNamed customers15 records
Segments7 records
Ideal customer profiles6 records
CSCDA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
CSCDA partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and minor.
- League of California Cities (Cal Cities)coreCSCDA was created by and is sponsored by the League of California Cities, one of two founding parent organizations. Cal Cities represents California's cities and provides governance oversight and political support for the joint powers authority.
- California State Association of Counties (CSAC)coreCSCDA was created by and is sponsored by the California State Association of Counties, one of two founding parent organizations. CSAC represents California's counties and provides governance oversight and political support for the joint powers authority.
- Orrick, Herrington & Sutcliffe LLPcoreServes as SCIP Legal Counsel for the Statewide Community Infrastructure Program. Located at 400 Capitol Mall, Suite 3000, Sacramento, CA 95814. Patricia Eichar is the designated legal counsel contact.
- DTA (Williamson & Associates)coreServes as Assessment Administrator for SCIP program, responsible for preparing tax rolls and handling delinquencies. Shayne Morgan is the contact at 100 Bayview Circle, Suite 100, Newport Beach, CA 92660.
- BLX GroupcoreServes as Program Administrator for SCIP. Vo Nguyen is the contact at 355 S Grand Avenue, Suite 2700, Los Angeles, CA 90071.
- Renew Financial (California First)minorResidential Open PACE Program Administrator providing 100% financing for energy efficiency projects through CSCDA Open PACE platform. Develops managed contractor networks in California communities.
- FortiFiminorResidential and Commercial Open PACE Program Administrator providing financing for energy efficiency, water conservation, and seismic improvements through CSCDA Open PACE platform.
- Home Run FinancingminorResidential Open PACE Program Administrator providing 100% financing for energy efficiency projects through CSCDA Open PACE platform.
- NFC (Nuveen GreenCapital)minorCommercial Open PACE Program Administrator providing financing for energy efficiency and renewable energy projects through CSCDA Open PACE platform.
- Clearwater PACEminorCommercial Open PACE Program Administrator providing C-PACE financing through CSCDA Open PACE platform.
- GreenRock (GreenRock HC)minorCommercial Open PACE Program Administrator providing financing for energy efficiency and water conservation through CSCDA Open PACE platform.
- GreenPACE CapitalminorCommercial Open PACE Program Administrator providing financing for energy efficiency projects through CSCDA Open PACE platform.
- Counterpoint ESRE (CSRE)minorCommercial Open PACE Program Administrator providing financing for energy efficiency through CSCDA Open PACE platform.
- Dwight CapitalminorCommercial Open PACE Program Administrator providing financing for energy efficiency and renewable energy through CSCDA Open PACE platform.
- Bayview PACEminorCommercial Open PACE Program Administrator providing C-PACE financing through CSCDA Open PACE platform.
- Stonehill Strategic Capital (SSC)minorCommercial Open PACE Program Administrator providing PACE lending through CSCDA Open PACE platform.
- PACE EquityminorCommercial Open PACE Program Administrator providing C-PACE financing through CSCDA Open PACE platform.
- CastleGreen FinanceminorCommercial Open PACE Program Administrator providing C-PACE financing through CSCDA Open PACE platform.
- Petros PACEminorCommercial Open PACE Program Administrator providing financing through CSCDA Open PACE platform.
- PACE Loan Group (PLG)minorCommercial Open PACE Program Administrator providing financing through CSCDA Open PACE platform.
- CBB Bank (C-PACE Financing)minorCommercial Open PACE Program Administrator providing C-PACE financing through CSCDA Open PACE platform.
- WhiteOakminorCommercial Open PACE Program Administrator providing PACE financing through CSCDA Open PACE platform.
- LordCap PACEminorCommercial Open PACE Program Administrator providing PACE financing through CSCDA Open PACE platform.
- Richards Watson Gershon LLPcoreAgent for Service of Process located at One Sansome Street, Suite 2050, San Francisco, CA 94104. Provides legal representation for service of process matters.
- UFB Housing (UFB AHB Corp)minorHousing Compliance contractor providing post-issuance compliance services for CSCDA housing bond programs. Contacts: Raette Frazeur and Sara Tobin.
Scale indicators13 records
Recent moves6 records
Expansion highlights4 records
CSCDA competitors and assessment
Company assessmentDirect peers
- California Municipal Finance Authority (CMFA): California Joint Powers Authority and direct competitor to CSCDA for conduit bond issuance and PACE programs across California. Operates a similar pooled finance model serving cities, counties, nonprofits, and developers, making it the closest functional analog in the same geography and product categories.
- California Infrastructure and Economic Development Bank (IBank): California state-level financing entity that issues bonds and provides loans for infrastructure, economic development, and environmental projects. Overlaps with CSCDA on infrastructure financing (TRIP, SCIP-equivalent programs) and operates as another statewide bond issuer serving local agencies and private developers.
Broad incumbents
- Local Initiatives Support Corporation (LISC): National nonprofit CDFI financing affordable housing, economic development, and community facilities, with deep activity in California. Broader geographic reach than CSCDA but overlaps on affordable housing financing, NMTC allocation, and community development lending — comparable capital-deployment model with credit enhancement.
- Enterprise Community Partners: National nonprofit developer and financier of affordable and workforce housing with significant California operations. Comparable to CSCDA's housing bond and workforce housing programs (CSCDA CIA) in deploying capital into restricted-income multifamily; broader national footprint but overlapping use of LIHTC and bond financing tools.
Others
- CalPACE: Industry association and program administrator supporting PACE financing in California across multiple JPA partners, complementing CSCDA's Open PACE platform. Directly adjacent — provides program infrastructure that CSCDA's Open PACE channels through administrators but does not itself act as a conduit bond issuer.
- Build America Mutual: Mutual bond insurer covering tax-exempt municipal bonds issued by governmental entities such as CSCDA. Provides credit enhancement on CSCDA's issuances; economically adjacent rather than directly competitive, but a meaningful counterparty for the same institutional bond investor base.
- CDFI Coalition: National trade association representing Community Development Financial Institutions, a category that includes CSCDA's CSCDC CDE. Provides policy advocacy and standards relevant to CSCDA's NMTC and community development activities; comparable as ecosystem/thematic peer rather than direct competitor.
- National Association of Counties (NACo): Federal advocacy and service organization representing U.S. counties; serves a similar governance role to CSCDA's sponsoring California State Association of Counties (CSAC). Adjacent — provides governance representation framework relevant to how CSCDA interfaces with its member counties.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CSCDA social profiles
Digital presenceCSCDA financial estimates
Financial estimateRevenue estimate
Valuation estimate
CSCDA leadership team
Management profileNumber of profiles
Profiles11 records
CSCDA subsidiaries and ownership
Company hierarchySubsidiaries2 records
CSCDA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CSCDA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CSCDA
What does CSCDA do?
CSCDA is a joint powers authority that serves as a statewide conduit issuer of tax-exempt bonds and administers pooled public finance programs for California local agencies, nonprofit organizations, and private developers. It enables access to low-cost financing for affordable housing, healthcare facilities, senior living, infrastructure, energy efficiency, and economic development through pooled bond issuances, the SCIP infrastructure program, Open PACE, New Markets Tax Credits, and a Workforce Housing Program.
Is CSCDA a public or private company?
CSCDA is a private company. It is classified as state government owned and is currently operating.
When was CSCDA founded?
CSCDA was founded in 1988. It employs 1 to 10 people.
Where is CSCDA based?
CSCDA is headquartered in Walnut Creek, United States, in the North America region.
How does CSCDA make money?
Two revenue lines are on record. Conduit Bond Issuance Fees are the primary driver. The others are SCIP Program Administration.
Who are CSCDA's main competitors?
Direct peers on record are California Municipal Finance Authority (CMFA) and California Infrastructure and Economic Development Bank (IBank). Broad incumbents are Local Initiatives Support Corporation (LISC) and Enterprise Community Partners. Others are CalPACE, Build America Mutual, CDFI Coalition and National Association of Counties (NACo).
Does CSCDA have an API?
No public API is recorded for CSCDA.
What industry is CSCDA in?
CSCDA's product category is Municipal Bond Issuance and Public Finance. Its primary akta.pro industry code is FSALAKAD, Public Mortgage Insurance & Government Credit Guarantee Programs. Its NAICS code is 92512 and its SIC code is 6199.