CONTRACTAPPROVED

City of Palo Alto Awards Financial Services Contract to California Municipal Finance Authority Cmfa (December 2025)

Disclosed value: not to exceed $80 Million; From agenda
Approved: Dec 15, 2025

What it covers

The City Council authorized CMFA to issue up to $80 million in revenue bonds for the El Camino Real affordable housing project.

Who holds it

California Municipal Finance Authority Cmfa holds this financial services contract with City of Palo Alto. Its other public contracts on record include work for Placer County Water Agency and City of Berkeley.

Hear about the next contract at City of Palo Alto early.

Get pre-RFP alerts free

Free account · 30-second setup · No credit card

Contract details

Contract type: Financial Services
Amount: not to exceed $80 Million
Document date: December 15, 2025
Vendor: California Municipal Finance Authority Cmfa
Agency: City of Palo Alto
Source document: City of Palo Alto Council Agenda December 2025 (Agenda)

California Municipal Finance Authority Cmfa's other public contracts

City of Palo Alto, CaliforniaCity Authorizes CMFA Revenue Bonds for Housing Project · Dec 15, 2025 All California Municipal Finance Authority Cmfa contractsVendor profile

More City of Palo Alto contracts

Palo Alto Community Child CarePalo Alto Approves Child Care Partnership Letter of Intent · Oct 22, 2026Undisclosed Packet FusionPalo Alto Approves $1.2 Million Zoom Government Procurement · Oct 22, 2026 Packet FusionPacket Fusion Zoom Government Purchase Orders Proposed · Oct 22, 2026 Palo Alto Community Child CareChild Care Partnership Letter of Intent Proposed with Palo Alto · Oct 22, 2026Undisclosed Pfm Financial Advisors LLCPFM Advises Palo Alto on Electric Bond Financing · Oct 20, 2026 All City of Palo Alto activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Palo Alto?

California Municipal Finance Authority Cmfa was awarded this financial services contract by City of Palo Alto, as recorded on December 15, 2025. The contract value is not to exceed $80 Million.

How much is the California Municipal Finance Authority Cmfa contract with City of Palo Alto worth?

The California Municipal Finance Authority Cmfa contract with City of Palo Alto is valued at not to exceed $80 Million, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Palo Alto Council Agenda December 2025 (Agenda), dated December 15, 2025 from City of Palo Alto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does California Municipal Finance Authority Cmfa hold?

California Municipal Finance Authority Cmfa may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Palo Alto currently buying?

Explore City of Palo Alto's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More City of Palo Alto contracts →Browse all agencies in California →