Small business loan guarantees in FY 25-26
Bonds and loans issued in FY 25-26
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, Expanding Venture Capital Access Program, 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 $60 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.
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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…

Calexico Brewing Company
After three years of perfecting their craft, the Yepez brothers, with their friend Ramiro, and guidance from their father Jose Jr., are ready to open their own brewery in Calexico. Calexico Brewing, Co will be a new and welcome landmark to the Calexico…
Latest News
California Infrastructure and Economic Development Bank Funds Municipal Loan for Utility Undergrounding Project
As wildfire threats grow in frequency and intensity, communities are seeking long-term solutions that protect residents and infrastructure. The California Infrastructure and Economic Development Bank (IBank) recently funded…
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…
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Latest News
IBank Board Approves $10 Million to Build Modern Animal Services Facility in Calaveras County
SACRAMENTO (March 11, 2026) – The California Infrastructure and Economic Development Bank (IBank) Board has approved $10 million in loan financing for Calaveras County to construct a new Animal Services Facility in San Andreas…
California Infrastructure and Economic Development Bank Funds Municipal Loan for Utility Undergrounding Project
As wildfire threats grow in frequency and intensity, communities are seeking long-term solutions that protect residents and infrastructure. The California Infrastructure and Economic Development Bank (IBank) recently funded…
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…
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Leadership
Gavin Newsom





















































