Treasurer Ma and State Board Raise Ceiling on Bonds Used Often to Develop Affordable Housing

 SACRAMENTO – The California Debt Limit Allocation Committee (CDLAC), chaired by California State Treasurer Fiona Ma, on Wednesday unanimously voted to raise the 2019 state bond cap for qualifying private activity bonds to $4,153,489,725, a $2,141,160 increase over the state ceiling set in 2018.   At the same time, the committee reaffirmed its continuing legislative … Continue reading Treasurer Ma and State Board Raise Ceiling on Bonds Used Often to Develop Affordable Housing