Tax-Exempt Equipment Financing Program – CHFFA
🏛 State Treasurer's Office (California)
✓ Free, no account · Source: California Grants Portal · Last verified Jul 10, 2026
Can you apply?
This grant is for integrated regional water management projects in California. IRWM Region representatives serve as applicants. Local Project Sponsors (LPS) can participate if they meet guidelines and adopt the regional IRWM Plan. Projects must be listed in an adopted IRWM Plan consistent with 2016 standards. Individual agencies proposing projects must also adopt the IRWM Plan.
All 48 State IRWM regions are eligible. Projects must address regional water management priorities. At least 10% of funding targets projects benefiting disadvantaged communities. Cost sharing is required to apply.
Eligible projects include water reuse, conservation, storage, conveyance, watershed protection, stormwater management, desalination, water quality improvement, and climate adaptation. Decision support tools and regional programs under the IRWM Planning Act are also eligible.
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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
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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