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Get to know California Statewide Community Development Fund

California Statewide Communities Development Authority (CSCDA) is a joint powers authority established in 1988, sponsored by the League of California Cities® and the California State Association of Counties®. Its mission is to facilitate access to low-cost, tax-exempt financing for projects undertaken by local governments and private entities that provide significant public benefits. These projects often include affordable housing, public infrastructure, and economic development initiatives. With a membership of over 530 cities, counties, and special districts, CSCDA has become a major issuer of conduit revenue bonds in the U.S., having issued over $65 billion to finance thousands of projects across California.

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California Statewide Community Development Fund

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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