News Releases
IBank Board Approves $8.5 Million Loan to Help Sunset Beach Sanitary District Finance Critical Sewer Improvement Project
SACRAMENTO (February 12, 2024) — The California Infrastructure and Economic Development Bank (IBank) board of directors approved $8.5 million in loan financing for the Sunset Beach Sanitary District of Orange County for a sewer improvement project that will replace decades-old equipment to help keep the surrounding waterways clean in case of a flood or earthquake….
IBank Announces Additional Funding to Support Its Expanding Venture Capital Access Program
SACRAMENTO (December 4, 2023) — Today, the state of California’s Infrastructure and Economic Development Bank (IBank) announced a new state supplement fund designed to increase effectiveness of its Expanding Venture Capital Access program….
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...
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