October 2019
Letter from Treasurer Ma
I made it a point to tour hospitals funded through financing arranged by the California Health Facilities Financing Authority (CHFFA), a state financing program I oversee as California State Treasurer. Since January 2019, CHFFA has approved more than $1 billion of conduit bond financing, $5 million in loans, and $30 million in grants.
Treasurer Fiona Ma Encourages Health Facilities to Apply for Lifeline Grants Before Time Runs Out
California State Treasurer Fiona Ma is reminding health facilities that the California Health Facilities Financing Authority (CHFFA) Lifeline Grant Program still has millions of dollars in grant money to disburse and the program is coming to an end soon. Lifeline grants are administered by CHFFA, which is chaired by Treasurer Ma.
Heart of The Treasury
Meet Darren Shearer, September’s Employee-of-the-Month. He began his state career with his current position as an Office Technician at the California Alternative Energy & Advanced Transportation Financing Authority (CAEATFA) in March 2018.
ABCs of the BCAs - California Health Facilities Financing Authority (CHFFA)
The California Health Facilities Financing Authority (CHFFA) provides financial assistance to public and non-profit health care providers through loans, grants and bonds. Facilities funded by CHFFA reflect the range of financial needs experienced by health care facilities throughout the state – from rural community-based organizations to large multi-hospital systems.
Ask the Treasurer
I am the president of a private nonprofit university in California. We are exploring the idea of remodeling a couple of our buildings and are looking into our options for financing such a project. I’m interested in learning more about your Bond Financing Program for post-secondary institutions. Specifically, what are the benefits of entering into a bond transaction with the Treasurer’s Office?
The Vault: October 2019
Calendar of upcoming public finance activities and bond sales.
This newsletter is not intended to be and should not be used for making investment decisions about State of California bonds or notes. Potential investors should always obtain and read the Official Statement published by the State for each issue of bonds or notes.
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