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Client News Update

Posted: September 20, 2017

The Connecticut Health and Educational Facilities Authority is aware of a class action lawsuit named In re LIBOR-Based Financial Instruments Antitrust Litigation, MDL No. 2262, that is pending in the U.S. District Court for the Southern District of New York. The lawsuit claims that Barclays Bank plc and other defendants unlawfully manipulated the U.S. Dollar LIBOR rate, artificially lowering the rate to reduce payment to class members. 

Updated Grant Program Policies

Posted: September 18, 2017

The CHEFA Board of Directors met and approved updated grant program policies.  CHEFA issues tax-exempt bonds for 501(c)(3) entities, primarily in the healthcare, educational, childcare, and cultural sectors.  Grants will be made to 501(c )( 3) organizations or public educational institutions that are constituent units as defined in C.G.S.§10a-1 whose core mission fits into one of these four sectors.   The mission of your organization as a whole must fit into one of our four priority areas in order for your organization to be eligible for a CHEFA grant.

Gaylord Hospital in Wallingford receives new handicapped van

Posted: July 18, 2017

Gaylord Hospital has a new handicapped-accessible van, thanks to a grant from a quasi-governmental agency created to help Connecticut-based nonprofit organizations.

POST-ISSUANCE TAX COMPLIANCE WEBINAR

Posted: May 26, 2017

On May 18, 2017, CHEFA hosted a Post Issuance Tax Compliance Webinar on the IRS Schedule K (Form 990). The webinar was presented by Marybeth E. Frantz, Esq. of Harris Beach PLLC and provided an in-depth review of the Schedule K requirements so that future filings are easier and more complete. 

Topics that were discussed included:

** PRESS RELEASE ** Connecticut Authority Announces New Board Chair and New Board Appointee

Posted: October 13, 2016

         October 12, 2016 (Hartford, CT)  – Governor Dannel P. Malloy has appointed Peter W. Lisi, Ph.D. as Chair of the Board of Directors of the Connecticut Health and Educational Facilities Authority (CHEFA)and has appointed Mark Varholak as a member of the CHEFA Board.  CHEFA provides access to the tax-exempt bond market for not-for-profit health care and educational institutions in the state.  Through CHEFA, these organizations can finance infrastructure projects using funds from private investors. For more information, see press release below.

Deadline Extended - Nonprofit Grant Program

Posted: February 18, 2016

The application deadline for the CHEFA Nonprofit Grant Program has been extended to Friday, February 26 at 12 Noon. 

If you have already submitted an application and would like to revise your submitted materials, please immediately email kfontaine@chefa.com to arrange for a resubmission.

 

 

FY 2016 Nonprofit Grant Program RFP Released!

Posted: December 7, 2015

The RFP for the FY 2016 Nonprofit Grant Program is now available.  Navigate to the Grant Programs section of our website to access the link to the RFP, Application and Exhibits.  The deadline for applications is NOON on February 19, 2016. 

FY 2016 Nonprofit Grant Program RFP has been released!

Posted: December 7, 2015

Navigate to the Grant Programs area of our website for more information.  Applications are due by NOON on February 19, 2016 for this program.

 

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