The Connecticut Health and Education Facilities Authority is a quasi-governmental agency created in 1967 to help Connecticut-based nonprofit organizations raise the funds needed to meet their goals of improving the health and education of the citizens of this state.
We provide support by acting as an intermediary for the issuance of tax-exempt bonds on behalf of all types of health and education facilities; including hospitals, nursing homes, day care centers, independent schools, state-chartered and higher education facilities.
CHEFA cannot finance projects for any facility to be used for religious instruction or worship (for example chapels), or any facility used primarily by a school or department of divinity.
Institutions eligible for CHEFA financing must be a Connecticut domiciled 501(c)(3) organization and provide direct services to the public. Types of these nonprofits include:
For more information on CHEFA eligibility, please contact our New Business Department by e-mail or calling (860) 520-4700.