grant 1584

CHFFA Health Facility Bond Financing Program

Provides California health facilities (nonprofit 501(c)(3) or public) access to low-interest tax-exempt and taxable revenue bonds to finance construction, renovation, land or facility acquisition, equipment, working capital, and debt refinancing. Borrowers must have operated at least three years, demonstrate fiscal soundness, and supply recent audited financials; loan terms are market-determin…

Purpose:

This program will provide a borrower with access to low interest rate capital markets through the issuance of tax-exempt and taxable revenue bonds.

Description:

Eligibility

General Requirements

-Must be a health facili…

Awards & funding

Total Funding: $5B
Award Ceiling: $5B
Award Floor: $1

Eligibility

Nonprofit
Public Agency

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) o…

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