IBank California

The California Infrastructure and Economic Development Bank (IBank) is a state-owned financing authority created in 1994 to support economic development, job creation, and quality-of-life improvements across California. IBank functions as a public infrastructure finance institution — issuing tax-exempt and taxable bonds, providing loans and credit enhancements, and leveraging state and federal funds to finance projects for public agencies and qualifying private developments. Its programs span infrastructure lending, small-business financing, venture capital access, and climate-focused initiatives such as revolving loan funds and clean-energy financing, all aimed at strengthening local econom...