CHFFA Commercial Paper Program for California Health Facilities
The California Health Facilities Financing Authority (CHFFA) offers a commercial paper program to help eligible nonprofit and public health facilities access low-cost tax-exempt or taxable short-term capital for projects. Funds can finance construction, renovations, land or facility acquisitions, equipment, refunding prior debt, working capital, and issuance costs; borrowers must meet credit a…
Purpose:
This program will provide a borrower with access to low interest rate capital markets through the issuance of tax-exempt and taxable commercial paper notes.
Description:
Eligibility
General Requirements
-Must be a heal…
Awards & funding
Eligibility
NonprofitPublic Agency
-Must be a health facility as defined in the Authority's Act (Section 15432(d) of the California Government Code)-Must be a non-profit 501(c)(3) corporation or a public health facility (e.g., district hospital) as defined in the Authority's Act (Section 15432(e) of …
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