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:

• Child care institutions.
• Cultural institutions, such as museums, theaters and zoos.
• Healthcare institutions, including hospitals, health centers and visiting nurses associations.
• Private institutions of higher education, i.e., colleges and universities, including the Connecticut State University System.
• Human services provider institutions, such as adult day care facilities, boys & girls clubs, community action agencies, social service agencies and YMCA/YWCAs.
• Private independent schools.
• Long-term care facilities, i.e., nursing homes, assisted living facilities and continuing care retirement facilities which are part of a hospital system or a continuum of care.

For more information on CHEFA eligibility, please contact our New Business Department by e-mail or calling (860) 520-4700.