CHEFA Programs
CHEFA Current Events
Earlier this month, experts from the philanthropic and nonprofit sectors came together for the annual CHEFA Nonprofit Forum. With the theme "Career Readiness: How Current Workforce Trends Affect Mission-Driven Nonprofits," the event aimed to explore the challenges and opportunities in preparing individuals for the evolving job market.
Read MoreEarlier this month, CHEFA Executive Director, Jeanette W. Weldon, and CHEFA Managing Director, Michael Morris, joined Connecticut Children’s Medical Center President, James E. Shmerling, Mayor of Hartford, Arunan Arulampalam, and Commissioner of the Department of Public Health Manisha Juthani to commemorate the final beams being placed on top of the new 252,500 square foot tower.
Read MoreIn the realm of Connecticut philanthropy, an innovative enterprise capital grant award from the Connecticut Health and Educational Facilities Authority (CHEFA) is helping the Hamden-based non-profit, Freedom Reads to build “freedom libraries,” in every correctional facility throughout the country, starting right here in Connecticut.
Read MoreRecent Bond Closings
Loomis Chaffee School Issue, Series L
$14,175,000New money proceeds from the Series L bonds will be used to finance the renovation of Warham and Palmer Hall dormitories, renovation of the Head of School House, the construction of a new dormitory, paving and drainage improvements, major repairs to the soccer field, housing repairs and upgrades, acquiring capital equipment and other capital projects. Elements of the project began in late spring of 2022 and are estimated to be completed by the fiscal year ending June 30, 2025.
Greens Farms Academy Issue, Series A
$30,000,000New money proceeds from the Series A bonds will be used to finance the construction of a new health and wellness center, including squash courts as well as reimburse the Academy for its recently completed Lower School Project. The Lower School Project cost total approximately $8 million of which the Academy will be seeking reimbursement for approximately $5 million.
CHEFA Community Development Corporation
CHEFA Community Development Corporation’s (“CHEFA CDC” or the “Corporation”) mission is to provide financial assistance by serving and/or providing investment capital to qualified nonprofit organizations in low-income communities located in the State of Connecticut. Learn More
CHEFA’s Student Loan Subsidiary
The Connecticut Higher Education Supplemental Loan Authority (CHESLA) is a quasi-public state authority created to help students and their families finance the cost of higher education. Visit CHESLA.org
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