California Communities, a joint powers agency formed by the California State Association of Counties (CSAC) and the League of California Cities, announced its project to securitize the Proposition 1A loan receivables that will provide local counties and special districts with 100% of the funds loaned to the state. 

With the approval of their Board, California Communities is soliciting proposals to put together the financing team for this project and is prepared to move expeditiously to structure this project.

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