CHEFA Products

The CHEFA Grant Programs were established in 2002 to provide financial assistance to nonprofit organizations in the State of Connecticut.  Grant funds support the healthcare, education, childcare, and cultural sectors.   On a yearly basis, three grant cycles are conducted: client; non-client; and targeted, which addresses an identified statewide need within one of the four priority sectors.  No state funds are utilized for the grant programs.

CHEFA offers a variety of tax exempt financing options for nonprofit organizations across a broad range of sectors, including healthcare institutions, educational facilities, human service providers, cultural institutions, and health and wellness facilities.  Bond offerings can be publicly sold or issued as a private placement, unenhanced or with credit enhancement, bear interest at fixed or variable interest rates, and have a maturity of not greater than fifty years.  Click here to learn more

A LOWER COST FINANCING ALTERNATIVE

CHEFA provides a tax-exempt financing alternative for the purchase of capital equipment.  The program is available to eligible nonprofit organizations located in Connecticut.  Click here to learn more about eligible institutions and projects and to take advantage of the EasyLoan financing program.