CHEFA Announces FY 2022 Nonprofit Grant program Letter of InterestRead More
Governor Lamont Signs Student Loan Subsidy Legislation for Educators Who Commit To Serving in Connecticut’s Highest Need School DistrictsRead More
CHEFA Clients can access loans up to $75,000 for 36 months at 0.0% interest rate for eligible construction projects.Read More
Recent Bond Closings
Sacred Heart University Issue, Series K$125,000,000
Bond proceeds provided for construction of five residence halls, a storage facility, a parking garage offering approximately 466 parking spaces, and other miscellaneous capital projects. Series K was structured as a fixed rate public offering.
Fairfield University Issue, Series T$25,000,000
Bond proceeds provided for construction of a 75-bed residence hall building for upper classmen; renovation of the residence halls in the Quad; renovations to the campus townhouses; refunding the outstanding 2010 Series P CHEFA bond issue; and miscellaneous construction, renovation, improvements, equipment acquisition and installation, and other capital expenditures at the University. The transaction was structured as a fixed rate public offering.
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