FINANCIAL_SERVICESPENDING

IBank Considers $80 Million School Bond Financing

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.

Document date · September 14, 2026

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $80,000,000
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
California Infrastructure and Economic Development Bank Agenda Board Meeting 2026-09-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank)?

Equitable School Revolving Fund Llc was awarded this financial services contract by Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank), 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 Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank) worth?

The Equitable School Revolving Fund Llc contract with Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank) 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 Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View Equitable School Revolving Fund Llc's profile

What is Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank) currently buying?

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