Tax-Exempt Equipment Financing Program – CHFFA

State Treasurer's Office · State of California

At a glance

Tax-Exempt Equipment Financing Program – CHFFA is an open California state loan opportunity from the State Treasurer's Office (State of California). Applications are accepted on an ongoing basis. Individual awards are listed as up to $50M. Applicant types listed as eligible include nonprofit and public agency. It is listed on the California Grants Portal. Cost sharing is not required.

Summary assembled from the official notice's fields. The official notice governs.

Key facts

Opened: Jul 6, 2020
Close date: Ongoing
Award floor: Not specified
Award ceiling: $50,000,000
Est. total funding: Not specified
Expected awards: Not specified
Matching funds: Not required
Funding instrument: Loan

Program details (as published on the California Grants Portal)

Type: Loan
Funding source: Other — Tax-exempt note issuance
Matching funds: Not Required
Funding method: Advances & Reimbursement(s)
Estimated number of awards: Dependant on number of submissions received, application process, etc.
Award period: Ongoing
Expected award announcement: 7/6/2020
Letter of intent: Not required
Geography: None.
How to submit: By email: chffa@treasurer.ca.gov
Latest change note: changed contact info

Who can apply

Applicant categories as listed on the California Grants Portal. GrantsJunction maps them to detailed applicant types for search and matching.

Nonprofit
Public Agency

Additional information on eligibility (from the listing)

-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 the California Government Code)

Can your organization apply?

A quick check against the listed applicant types — other requirements in the notice still apply.

Based on the published notice. Review the official notice for complete eligibility requirements.

What it funds

Purpose and description as published on the California Grants Portal.

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 (Section 15432(d) of the California Government Code) -Must be a non-profit 501(c)(3) corporation or public health facility (e.g., district hospital) as defined in the Authority's act (Section 15432(e) of the California Government Code) -Must have been in existence for at least three years, providing the same types of services -Must demonstrate evidence of fiscal soundness and the ability to meet the terms of the proposed loan Use of Funds Funds may be used for: -The purchase or reimbursement of all types of qualifying equipment by an eligible health facility -The financing of minor equipment installation costs Loan Terms -Market determined fixed interest rate, depending on maturity -The maturity of the loan must relate to the useful life of the equipment to be financed -Loan minimum of $500,000, no maximum loan amount Fees -$500 non-refundable application fee -Initial fee of 0.05% of the issue amount -Annual administrative fee of $400, as long as there is an outstanding loan balance Required Documentation -Three most recent fiscal years of audited financial statements

Program page on the agency site ↗

How to apply

0 of 8 done · progress saved in this browser

Read the program guidelinesThe agency's solicitation or guidelines set eligibility details, scoring criteria and required documents. Open ↗
Confirm eligibility and fitCheck your organization type and location (see Geography above).
Find out how to submitBy email: chffa@treasurer.ca.gov
Request letters of support and partner commitmentsPartners need time to write and sign letters; ask early.
Finish a full draft of the application and budgetFollow the guidelines' format exactly; state programs often require specific forms and attachments.
Ask the program contact any questions earlyerica.rodriguez@treasurer.ca.gov Open ↗
Internal review and sign-offLeave time for leadership or board approval and a final proofread.
Submit while funds remainSubmit a few days early and keep your submission confirmation.

Past applications & awards

Historical data · not a prediction

Reported by the agency for this listing

Fiscal year 2025–263 applications · 3 awards
Fiscal year 2024–250 applications · 0 awards
Fiscal year 2023–240 applications · 0 awards
Fiscal year 2022–230 applications · 0 awards
Fiscal year 2021–220 applications · 0 awards
Fiscal year 2020–210 applications · 0 awards

Counts as published on the California Grants Portal. Award counts can read zero until decisions are announced.

Program contact (as published)

erica.rodriguez@treasurer.ca.gov
1-916-653-2799

Quick answers

Who is eligible to apply for “Tax-Exempt Equipment Financing Program – CHFFA”?

The official listing names these applicant types as eligible: Nonprofit and Public Agency. It adds: “-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 the Californi…” Additional restrictions may apply; review the full guidelines.

How much funding is available through “Tax-Exempt Equipment Financing Program – CHFFA”?

Per the notice, individual awards are listed as up to $50m.

How do I apply for “Tax-Exempt Equipment Financing Program – CHFFA”?

Applications go directly to State Treasurer's Office, not through GrantsJunction. Submission: by email to chffa@treasurer.ca.gov. Read the program guidelines on the agency's site first; state programs set their own forms and registration requirements.

Other open California state opportunities, matched on agency, categories and wording.

OpenState of California