CHEFA Loan/Portfolio Management Platform

Connecticut Health and Educational Facilities Authority (“CHEFA” or the “Authority”) is a quasi-public agency and political subdivision of the State of Connecticut and is a conduit issuer of tax-exempt bonds issued on behalf of eligible non-profits in the State of Connecticut. These tax-exempt bonds are financial obligations of the underlying obligor on whose behalf CHEFA issue the bonds. The issuance of tax-exempt bonds can provide funds for construction and renovation projects, the refinancing of eligible existing debt, funding of Debt Service Reserve Funds (if applicable), and funding of issuance costs. CHEFA’s portfolio currently consists of approximately 120 outstanding bond transactions, of which the proceeds are loaned to approximately 75 different nonprofit institutions across the state of Connecticut. It is CHEFA’s responsibility, as a conduit issuer, to maintain adequate records of the bonds we issue. Please see RFP and scope of services for additional requirements.