Bond Financing Program
🏛 State Treasurer's Office (California)
✓ Free, no account · Source: California Grants Portal · Last verified Jul 9, 2026
Can you apply?
This grant is for California workforce education and training organizations seeking to establish peer personnel training and placement programs. Applicants likely include community colleges, workforce development boards, and training providers operating in California. The program supports recruitment, outreach, career counseling, training, placement assistance, and participant support services. Financial assistance may be provided to eligible participants as part of the training component.
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Program description
Eligibility General Requirements -Must be a health facility as defined in the Authority’s Act (Section 15432(d) of the California Government Code) -Must be a non-profit 501(c)(3) corporation or public health facility (e.g., district hospital) as defined in the Authority’s Act (Section 15432(e) of the California Government Code) -Must have been in existence for at least three years, providing the same types of services -Must demonstrate evidence of fiscal soundness and the ability to meet the terms of the proposed loan Use of Funds Funds may be used for: -Construction, remodeling, renovation, and/or improvements -Land acquisition -Acquisition of existing health facilities -Equipment and/or furnishings -Refunding of prior debt -Working capital for start-up facilities -Costs of bond issuances, feasibility studies & reimbursement of prior expenditures Loan Terms -Market determined fixed or variable rate interest rate, depending on maturity -No loan maximum -Maximum loan maturity typically 40 years -Loan security provisions and bond covenants that correspond with bond rating Fees -No application fee -Initial fee of 0.05% of the issue amount (maximum $100,000), set fee of $1,000 for smaller health systems and public health facilities -Annual administrative fee of 0.0175% of the bonds outstanding (maximum $150,000), maximum of $500 for small health systems and public health facilities Required Documentation -Three most recent fiscal years of audited financial statements
Who can apply
Eligible applicants
How to apply
Application links
Program contact
- 📧 chffa@treasurer.ca.gov
- 📞 1-916-653-2799
Funding track record
Past applications & awards under this program (California Grants Portal) — how competitive it is.
By fiscal year
| Fiscal year | Applications | Awarded | Award rate |
|---|---|---|---|
| 2022-2023 | 4 | 3 | 75% |
| 2021-2022 | — | — | — |
| 2024-2025 | 5 | 5 | 100% |
| 2025-2026 | 5 | 5 | 100% |
| 2020-2021 | — | — | — |
| 2023-2024 | 10 | 10 | 100% |
Source: California Grants Portal
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