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CHEFA Programs





Recent Bond Closings

Sacred Heart Elie Wiese and Frassati Hall exterior

Sacred Heart University Issue, Series K

$125,000,000
Closing DateSeptember 22, 2020
Yield3.24%

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.

North Townhouse buildings at Fairfield University

Fairfield University Issue, Series T

$25,000,000
Closing DateSeptember 10, 2020
Yield3.60%

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 CDC colorful logo

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

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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