Tax-Exempt Equipment Financing for Nonprofit and Public Health Facilities (CHFFA)
CHFFA provides tax-exempt, fixed-rate loans to eligible nonprofit 501(c)(3) and public health facilities in California to purchase or install qualifying equipment. Loans have a $500,000 minimum, maturities tied to equipment useful life, and require audited financials and evidence of fiscal soundness; fees include a $500 application fee, 0.05% initial issue fee, and $400 annual administration f…
Purpose:
This program will provide a borrower with access to tax-exempt, fixed-rate financing for equipment purchases.
Description:
Eligibility
General Requirements
-Must be a health facility as defined in the Authority's Act (…
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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