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Higher Education

CHEFA's original mission was to provide access to tax-exempt debt for private, non-profit higher education insitutions. Since then our mission has been expanded to include all non-profit education insitutions. CHEFA has financed projects for all but a few of Connecticut's private non-profit higher education institutions, the Connecticut State University System and the UCONN Foundation.

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Healthcare

CHEFA has assisted many non-profit 501(c)(3) health care providers in financing new facilities, the purchase of medical equipment and technology upgrades. We have provided financing for acute care hospitals, nursing homes, assisted living facilities, continuing care retirement communities, and other health care providers.

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Cultural Institutions

When The Bushnell Center for the Performing Arts in Hartford was looking to build its new theater, it turned to CHEFA for assistance in assessing debt capacity and in the selection of a financing structure. The Bushnell ultimately decided to utilize tax-exempt debt issued through CHEFA for its capital financing need.

CHEFA and its team of financial experts is ready to assist any qualified non-profit theater, museum, or other cultural organization in meeting their capital financing needs.

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Sectors We Serve

The Connecticut Health and Educational Facilities Authority is a quasi-public state agency created in 1965 to provide access to the tax-exempt bond market for qualified non-profit 501(c)(3) institutions. These institutions include hospitals, nursing homes, continuing care retirement communities, child care facilities, independent schools, colleges and universities (including the Connecticut State University System).

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Financing Programs

CHEFA offers a choice of programs and services to assist qualified nonprofit organizations finance tax-exempt borrowing in the capital markets for construction and capital projects and/or refinance existing debt. Our staff actively facilitates the borrowing process among the many parties involved in a bond transaction, and stands ready to help you however we are able.

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