CHFA Community Development has been a resource to the nonprofit business community since 1982.
Our tax-exempt bond programs provide your organizations with competitive interest rates and lower financing costs to keep your money working toward your mission.
501(c)3 Nonprofit Bonds
- Finance facilities and equipment
- Lower rates for qualified projects and eligible borrowers
- Minimum project size is $2 million, however projects under $4 million may be eligible for reduced bond cost of issuance fees
- CHFA can partner with your lender to raise capital at tax exempt interest rates
Nonprofit Real Estate Loans
- Finance acquisition, expansion, or rehab of a facility
- Up to 20-year term
- Lower down payment requirements
- Must be operating for three or more years
- Loans above $1 million may be considered in certain cases