CONTRACTRECOMMENDED

IBank Recommends $80 Million Charter School Bond Financing

California Infrastructure and Economic Development Bank (IBank) | State of California logoCalifornia Infrastructure and Economic Development Bank (IBank) | State of California
Disclosed value
Not to exceed $80,000,000
From staffreport
Document date
Sep 23, 2026
Renews
Free account

The 30-second brief

What it covers

The California Infrastructure and Economic Development Bank staff recommended approval of up to $80 million in conduit revenue bonds for Equitable School Revolving Fund, LLC. The financing will support loans for acquiring, improving, refinancing, and equipping California charter-school facilities, with a term of up to 40 years and an expected closing on December 22, 2026.

Who holds it

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).

What happens next

The renewal date is on record. A free account shows it, with the renewals for every California Infrastructure and Economic Development Bank (IBank) | State of California contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $80,000,000
Document date
September 23, 2026
Term
Up to 40 years; expected closing December 22, 2026
Renews
Free account
Source document
California Infrastructure and Economic Development Bank Staff Report Equitable School Revolving Fund, LLC Revenue Bond Financing 2026-09-23 (StaffReport)

Equitable School Revolving Fund LLC's other public contracts

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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 23, 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 staffreport record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Staff Report Equitable School Revolving Fund, LLC Revenue Bond Financing 2026-09-23 (StaffReport), dated September 23, 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.

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