Bond Commission approved $7M funding needed for the CHESLA Alliance District Teacher Loan Subsidy Program, an important recruitment and retention tool for Alliance Districts.Read More
CHEFA seeks to continue its track record of supporting the State’s economy, workforce and enhancing the welfare and prosperity of all Connecticut’s residents with our legislative agenda for 2022.Read More
The Center for Effective Philanthropy published a piece by Betty Sugerman Weintraub, CHEFA Manager of Grant Programs and Philanthropic Outreach, highlighting the need for philanthropy to fund capital infrastructure needs for nonprofit organizations. CHEFA is among the only Connecticut funders allowing organizations to apply for capital or program grants.Read More
Recent Bond Closings
Wesleyan University Issue, Series I & 2021 (Green Bonds)$90,910,000
Bond proceeds of the Series I and 2021 (Federally Taxable) bonds will be used to finance the construction, renovations, equipping and furnishing of the University’s Public Affairs Center and the construction of a new science center located on the University’s main campus.
The University intends to pursue LEED certification for the two projects under the LEED green building program rating system established by the U.S. Green Building Council.
Hartford HealthCare Issue, Series 2021A$169,705,000
Proceeds of the bonds will be used to finance the acquisition, construction, improvement, and equipping of capital projects at Hartford Hospital’s main campus, MidState Medical Center in Meriden, Hospital of Central Connecticut in New Britain, Backus Hospital in Norwich, St. Vincent’s Medical Center in Bridgeport, Windham Hospital in Willimantic, Charlotte Hungerford Hospital in Torrington and certain other health care facilities owned or operated by Hartford HealthCare.
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