Governance

The powers of the Connecticut Health and Educational Facilities Authority, as set forth in Section 10a-180 of the Connecticut General Statutes, are vested in and exercised by the board of directors. For more information on the board and board meetings, as well as associated documents, visit the links below.

Board Members

Board Meetings

Committee Meetings

CHEFA CDC Meetings

TEFRA Hearings

The following are essential governance documents of the Authority:

Statement of Purpose & Ethics Statement

The purpose of this Statement and policy document is to fully inform the Board of Directors and Staff of the Authority as to duties and obligations under the State Code of Ethics and the internal ethics policies of CHEFA.

Ethics Statement & Policies

Strategic Plan

Our mission is focused on providing clients with the financial resources and solutions they need to care, educate and support countless citizens throughout Connecticut.

FY 2025-2027 Strategic Plan

Annual Report to the Governor

The Authority is a quasi-public state agency created in 1965 to provide access
to the tax-exempt bond market for qualified nonprofit institutions in the
State of Connecticut. As a conduit issuer, it issues bonds on behalf of eligible
501(c)(3) entities throughout the state.

Annual Report to the Governor

Financial Reports

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. 

FY 2025 Audited Financials