News Releases
IBank Board Approves $1.5 Million to City of Waterford for Hickman Water System Consolidation Project
SACRAMENTO, Ca (October 1, 2025) – The California Infrastructure and Economic Development Bank (IBank) Board has approved $1.5 million in loan financing for the city of Waterford to finance the Hickman Consolidation Project. The project will connect the city’s water system with that…
IBank Announces Andy Nakahata as New Executive Director and CEO
IBank, part of the Governor’s Office of Business and Economic Development (GO-Biz), announces the appointment of Andy Nakahata as its new Executive Director and Chief Executive Officer…
IBank Board Approves $11 Million Loan to City of Del Mar for Utility Line Undergrounding Project
IBank board of directors approved $11 million in loan financing for the City of Del Mar for a project that will move utility lines underground — lowering maintenance costs and reducing fire risks currently related to above-ground utilities…
IBank Board Approves $8.6 Million Loan to Alta Irrigation District for Water Conservation
SACRAMENTO (April 2, 2025) — The California Infrastructure and Economic Development Bank (IBank) board of directors approved $8.6 million in loan financing for the Alta Irrigation District for a project that will improve water drainage and supply and help with flood control efforts…
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