CPCFA Tax-Exempt Bond Program Examples of Project Types

Federal law defines 19 types of tax-exempt private activity bonds (PAB), some of which CPCFA is authorized by California law to issue. Industrial development bonds (IDB) are also defined in federal law.

The following examples are project types which may be fully or partially eligible to be funded by PAB or IDB financing through CPCFA. The examples are not definitive or exhaustive.

Due to the highly technical nature of interpreting and applying federal tax code only bond counsel can provide an opinion on the eligibility of a project.

More information about eligibility and the role of bond counsel is in the Program Manual.

New! Carbon Dioxide Capture

• Carbon capture, transportation, and storage equipment installed in certain power plants and other industrial facilities
• Direct air capture (DAC) facilities
• Gasification facilities

Solid Waste Handling, Disposal, Recycling, or Conversion

• Anaerobic digesters
• Biomass conversion
• Clean-air vehicles for collection and handling
• Collection containers and vehicles
• Composting facilities
• Construction and demolition debris recycling
• Curbside collection facilities
• Equipment
• Feedstock consisting of solid waste
• Hazardous waste disposal facilities
• Landfills
• Low-carbon fuel converted from organic waste
• Materials recovery facilities
• Oil recycling facilities
• Organic waste processing and conversion facilities
• Solid waste disposal facilities
• Recycling facilities
• Transfer station
• Waste recovery facilities
• Waste-to-energy facilities

Furnishing of Water

• Desalination
• Non-industrial uses of water
• Water processing, treatment and distribution to customers

Wastewater Handling and Processing

• Black water
• Gray water
• Thermal energy collection

Industrial Development Bond (IDB)

• Manufacturing facilities may be funded for up to $10M by an IDB (with other limitations under federal law)
• CPCFA may issue an IDB for a manufacturing facility which overlaps with one of CPCFA’s other categories, such as a facility which utilizes a solid waste item as feedstock for the manufacturing process