Small business loan guarantees in FY 21-22
Bonds and loans issued in FY 21-22
Total finance activity
Jobs created or retained
What is IBank?
The California Infrastructure and Economic Development Bank (IBank) was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public agencies, provide credit enhancements, acquire or lease facilities, and leverage State and Federal funds. IBank’s current programs include the Infrastructure State Revolving Fund (ISRF) Loan Program, California Lending for Energy and Environmental Needs (CLEEN) Center, the Climate Catalyst Revolving Loan fund, Small Business Finance Center and the Bond Financing Program.
Our Mission
To provide financial assistance and support infrastructure and economic development in California.
IBank By the Numbers
IBank financings and related activities account for more than $53 billion of infrastructure and economic development activity that promotes a healthy climate for jobs, contributes to a strong economy, and improves the quality of life for Californians.
Request a Speaker
IBank team members regularly present at conferences, trainings, webinars, and other events throughout California. Fill out our form to request a speaker for your event.
IBank finances projects and supports small businesses throughout California
Sacramento County
Sacramento County will use the funds to build the North Area Recovery Station Commercial Waste Transfer Building project in North Highlands. The project will include the construction of a new 62,000 square foot commercial waste transfer…
The Colburn School
The Colburn School, a California nonprofit, public benefit corporation located in downtown Los Angeles, offers performing arts and music education to students of all ages and abilities and provides them the opportunity to continue their education through…
Bakker Construction, Inc
Bakker Construction is jointed owned by husband and wife, Shawn and Amanda Bakker. Shawn is a fourth generation contractor and has lived in Monterey County for the past eight years. Shawn and Amanda are the visionaries of Tatum’s…
Latest News
IBank Board Approves $40 Million Loan to Help City of San Diego Reduce Greenhouse Gases with New Organic Waste Facility, Create More than 200 Jobs
Project marks the largest loan issued from the state’s Infrastructure State Revolving Fund program SACRAMENTO (August 29, 2023) — The California Infrastructure and Economic Development Bank (IBank) board of directors approved $40 million in loan financing to the city...
Air District’s Climate Tech Finance program funds electric vehicle company making EVs more affordable for all
SAN FRANCISCO – The Bay Area Air Quality Management District has awarded a loan guarantee to EV Life, a startup working to eliminate the green premium on electric vehicles for millions of people who find the upfront cost of driving electric challenging. While the...
California Announces First Investment by Program Designed to Create More Inclusive Venture Capital Ecosystem
Today, IBank announced the first investment by a new state program, Expanding Venture Capital Access. The program — the first venture capital (VC) program administered by the state — was designed to create a more inclusive VC ecosystem…
Air District’s Climate Tech Finance program funds next-gen battery maker in California to propel the clean energy transition
The Bay Area Air Quality Management District has awarded a loan guarantee to SPARKZ, a next-generation battery manufacturer re-engineering the battery supply chain in the United States…
Newsletter Sign Up
Want to Stay Informed About IBank?
Sign Up for Our Newsletter
Latest News
IBank Board Approves $40 Million Loan to Help City of San Diego Reduce Greenhouse Gases with New Organic Waste Facility, Create More than 200 Jobs
Project marks the largest loan issued from the state’s Infrastructure State Revolving Fund program SACRAMENTO (August 29, 2023) — The California Infrastructure and Economic Development Bank (IBank) board of directors approved $40 million in loan financing to the city...
Air District’s Climate Tech Finance program funds electric vehicle company making EVs more affordable for all
SAN FRANCISCO – The Bay Area Air Quality Management District has awarded a loan guarantee to EV Life, a startup working to eliminate the green premium on electric vehicles for millions of people who find the upfront cost of driving electric challenging. While the...
California Announces First Investment by Program Designed to Create More Inclusive Venture Capital Ecosystem
Today, IBank announced the first investment by a new state program, Expanding Venture Capital Access. The program — the first venture capital (VC) program administered by the state — was designed to create a more inclusive VC ecosystem…
Newsletter Sign Up
Want to Stay Informed About IBank?
Sign Up for Our Newsletter
Leadership

Gavin Newsom
