Tax-Exempt Equipment Financing Program – CHFFA
🏛 State Treasurer's Office (California)
✓ Free, no account · Source: California Grants Portal · Last verified Sep 5, 2026
Can you apply?
This grant is for flood risk reduction and habitat enhancement projects in California's Central Valley. Eligible applicants include California public agencies, nonprofit organizations, and Tribal nations. Projects must include a capital asset acquisition or construction component that has not yet begun. Design, environmental documentation, and studies may be included but cannot stand alone. All acquisitions must be from willing sellers.
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Program 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
Who can apply
Eligible applicants
How to apply
Application links
Key dates & requirements
Program contact
- 📧 erica.rodriguez@treasurer.ca.gov
- 📞 1-916-653-2799
Funding track record
Past applications & awards under this program (California Grants Portal) — how competitive it is.
By fiscal year
| Fiscal year | Applications | Awarded | Award rate |
|---|---|---|---|
| 2022-2023 | — | — | — |
| 2020-2021 | — | — | — |
| 2021-2022 | — | — | — |
| 2023-2024 | — | — | — |
| 2024-2025 | — | — | — |
| 2025-2026 | 3 | 3 | 100% |
Source: California Grants Portal
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