CHEFA Programs
CHEFA Current Events
Please join us for an informative discussion on the future of work. Career readiness, skill-based learning, and meeting nonprofit provider staffing needs is on everyone’s mind right now. Find out how our Keynote speaker and panel of experts from national and Connecticut organizations are supporting high school and college students, Opportunity Youth, and adult learners to gain the necessary skills for today’s most in-demand careers and economic realities.
Read MoreThe Connecticut Health and Educational Facilities Authority (CHEFA) awarded close to $1 million in grants through its FY 2024 CHEFA John M. Biancamano Client Grant Program.
Read MoreCHEFA proactively pursued and achieved the passage of Senate Bill 1104, a significant achievement that expands their authority to finance essential programs and services for Connecticut nonprofits. This proactive step reflects CHEFA's commitment to supporting the success of qualified nonprofits, ensuring they have the necessary resources to thrive and make a positive impact in the community. Governor Ned Lamont signed SB 1104 into law on June 7, 2023, solidifying this important advancement for the nonprofit sector.
Read MoreRecent Bond Closings
Loomis Chaffee School Issue, Series L
$14,175,000New money proceeds from the Series L bonds will be used to finance the renovation of Warham and Palmer Hall dormitories, renovation of the Head of School House, the construction of a new dormitory, paving and drainage improvements, major repairs to the soccer field, housing repairs and upgrades, acquiring capital equipment and other capital projects. Elements of the project began in late spring of 2022 and are estimated to be completed by the fiscal year ending June 30, 2025.
Greens Farms Academy Issue, Series A
$30,000,000New money proceeds from the Series A bonds will be used to finance the construction of a new health and wellness center, including squash courts as well as reimburse the Academy for its recently completed Lower School Project. The Lower School Project cost total approximately $8 million of which the Academy will be seeking reimbursement for approximately $5 million.
CHEFA Community Development Corporation
CHEFA Community Development Corporation’s (“CHEFA CDC” or the “Corporation”) mission is to provide financial assistance by serving and/or providing investment capital to qualified nonprofit organizations in low-income communities located in the State of Connecticut. Learn More
CHEFA’s Student Loan Subsidiary
The Connecticut Higher Education Supplemental Loan Authority (CHESLA) is a quasi-public state authority created to help students and their families finance the cost of higher education. Visit CHESLA.org
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