CDLAC allocates tax-exempt, private-activity bonds to provide financing for construction or expansion of manufacturing facilities, or the purchase of new equipment. Today, most IDBs support the expansion of existing manufacturing to retain and create jobs in communities. IDBs do this by offering interest rate savings to small and midsize manufacturers compared to conventional loans. In 2026, CDLAC allocated $10 million of state ceiling for IDB projects.
Applications must be submitted through the CDLAC Online Application Portal by 5 p.m. on the application due date. CDLAC will not accept submissions of application documents in the form of hard copy, by email or via USB.
Online payments are preferable through the CDLAC Payment Portal. If mailing checks for application fees, include an enclosure that clearly identifies the project name associated with the payment. CDLAC’s Sacramento office must receive the fees, whether hand delivered or submitted via mail, no later than 5 p.m. on the application due date.
Round 1 Applications due by 5 p.m. on January 20, 2026
Round 2 Applications due by 5 p.m. on April 28, 2026
Round 3 Applications due by 5 p.m. on August 18, 2026
Round 4 Applications due by 5 p.m. on November 10, 2026
