IBank Considers $80 Million School Bond Financing
- Disclosed value
- Not to exceed $80,000,000
- From agenda
- Document date
- Sep 14, 2026
The 30-second brief
The IBank Board is scheduled to consider Resolution No. 26-13 approving up to $80 million in tax-exempt and/or taxable fixed-rate revenue bonds for the benefit of Equitable School Revolving Fund, LLC. The financing would support school loans and related eligible projects in six California cities.
Equitable School Revolving Fund LLC holds this financial services contract with California Infrastructure and Economic Development Bank (IBank) | State of California. Its other public contracts on record include work for Edward Hynes Charter School - Parkview and Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $80,000,000
- Document date
- September 14, 2026
- Source document
- California Infrastructure and Economic Development Bank Agenda Board Meeting 2026-09-23 (Agenda)
Equitable School Revolving Fund LLC's other public contracts
More California Infrastructure and Economic Development Bank (IBank) | State of California contracts
Questions about this contract
Who was awarded the financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California?
Equitable School Revolving Fund LLC was awarded this financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California, as recorded on September 14, 2026. The contract value is Not to exceed $80,000,000.
How much is the Equitable School Revolving Fund LLC contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?
The Equitable School Revolving Fund LLC contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at Not to exceed $80,000,000, 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 California Infrastructure and Economic Development Bank Agenda Board Meeting 2026-09-23 (Agenda), dated September 14, 2026 from California Infrastructure and Economic Development Bank (IBank) | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Equitable School Revolving Fund LLC hold?
Equitable School Revolving Fund LLC 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 California Infrastructure and Economic Development Bank (IBank) | State of California currently buying?
Explore California Infrastructure and Economic Development Bank (IBank) | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.