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IHS Markit 2019 CHEFA Economic Impact Study Highlights

On November 3, 2019 IHS Markit published an economic impact study of capital projects made possible by CHEFA financing over 2014-2018.

The highlights below demonstrate the significant role CHEFA financing plays in supporting the state economy, workforce and constituencies our clients serve.  

•CHEFA facilitated $1.6 billion in financing for capital projects over 2014-2018 focused primarily on healthcare and educational institutions. 

Now Accepting Loan Applications for CHEFA's Revolving Loan Fund Program

We are pleased to announce the posting of the Loan applications  for the CHEFA Revolving Loan Fund Program.  Loan applications will only be accepted during the Application Acceptance Window, which opens on June 15, 2020 and closes on June 29, 2020.  The Loan applications and the Annual Funding Cycle Notices can be found below.

CHEFA Announces Revolving Loan Fund Program

CHEFA is pleased to announce our intention to issue loans through the CHEFA Revolving Loan Fund Program.  This Program was established in order to assist CHEFA clients who are suffering a financial impact from the COVID-19 pandemic.  CHEFA is making funds available to provide low-cost financing to eligible CHEFA clients for working capital purposes. The Annual Funding Cycle Notices attached provides the terms of the loans, eligible borrowers and eligible uses of the loan proceeds. 

CHEFA Announces Two New Initiatives Providing Financial Assistance to Our Clients

Revolving Loan Fund

On Wednesday May 20, 2020, the CHEFA Board of Directors approved the creation of the CHEFA Revolving Loan Fund Program and the availability of $1M to provide low-cost financing to eligible CHEFA clients for working capital costs.

CHEFA Awards More Than $1 Million in Grants to Support Connecticut Healthcare, Education, Childcare and Cultural Organizations

May 20, 2020-The Connecticut Health and Educational Facilities Authority (CHEFA) awarded more than $1 million in grants to assist education, healthcare, childcare, and cultural organizations throughout Connecticut.  

Governor Lamont Announces Statewide Launch of Free Online Job Training Program for Unemployment Claimants

(HARTFORD, CT) – Governor Ned Lamont today announced the statewide expansion of a program that will make free online learning licenses available to recipients of unemployment insurance, including those who have been impacted by the economic fallout of the COVID-19 public health crisis.

CHEFA COVID 19 Announcement

Dear Clients:

In response to the rapidly changing and challenging COVID 19 environment, we wanted to provide you with an update on measures we’ve taken to ensure the safety of our employees and clients. Like many organizations, we are following Governor Lamont’s guidance and all CHEFA staff have been working remotely since March 16. We remain committed to addressing client needs with the same responsiveness and expertise that you have come to expect from us.

CHEFA Introduces A New Logo

CHEFA is excited to introduce its new logo!  We believe it symbolizes the important role that CHEFA plays in Connecticut.

The rise of a new day is represented with the sun as a cog to showcase CHEFA’s role in the inner workings of a successful state and as a contributor to economic and workforce development.

CHEFA Makes Major Commitment to Supporting Connecticut Workforce

CHEFA Makes Major Commitment to Supporting Connecticut’s Workforce 

Hartford HealthCare tees up massive $750M bond package

By Matt Pilon