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Key CHFFA Act Provisions

• Qualifying Borrowers (Government Code Section 15432(d)) and Participating Health Institution (Government Code Section 15432(e))
• Qualifying Projects; Definitions of “Cost”, “Health Facility” and “Project”
• Savings Pass-Through Requirement
  • Government Code § 15438.5
  • CHFFA policy
• Community Service Assurance; Access Requirements
• Financed Projects must comply with California Environmental Quality Act (CEQA)
  • Government Code § 15455
  • Required documentation
• State Treasurer (STO) acts as agent for sale for CHFFA