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A quasi-public authority that finances healthcare, education and nonprofit projects in Connecticut has announced $3 million in grants to 14 organizations to help respond to the impacts of COVID-19.
The Connecticut Housing and Educational Facilities Authority (CHEFA) said Wednesday that the grants, most of which are in the six figures, will help hospitals purchase COVID-19 related equipment, provide relief funds for undocumented college students and residents, fund facility safety improvements for community programs, among various other uses.
“CHEFA is one of only a few major philanthropic entities providing funds statewide to assist Connecticut nonprofit organizations or public educational units with major program or capital expenditures in response to the COVID-19 crisis,” the agency said in a statement. “While the state begins to reopen, this critical funding will help important organizations and institutions respond to the new challenges posed by the pandemic.”
The COVID-19 grants for the coming fiscal year that starts July 1 replace CHEFA’s typical three grant programs for the year, though they are still targeted at the same sectors.
CHEFA also recently announced increased flexibility for grant recipients from the prior two annual rounds. CHEFA will allow those grantees to use the money as general operating funds, if their programs were disrupted by the crisis.
Betty Sugerman Weintraub, CHEFA's grant manager, said Thursday that the money for the grants is generated by the agency's tax-exempt financing transactions.
"CHEFA has never received any state/taxpayer dollars, we are a self-sustaining, quasi-public agency," she said.
The latest round of grants includes:
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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