CHA News Article

Upcoming Webinar Will Provide Application Assistance for Children’s Hospital Bond Act of 2018
For CFOs

On Dec. 12 from 10-11:30 a.m. (PT), the California Health Facilities Financing Authority (CHFFA) will host a webinar to provide technical assistance to hospitals applying for funding under the Children’s Hospital Bond Act of 2018. Registration is available online.

California voters passed Proposition 4 in 2018, authorizing the state to issue $1.5 billion in general obligation bonds for capital improvement projects to fund the Children’s Hospital Bond Act of 2018. Of the $1.5 billion in awards, eight private non-profit children’s hospitals are each eligible for $135 million, five University of California children’s hospitals are each eligible for $54 million, and public or private not-for-profit hospitals that provide pediatric services for children eligible for California Children’s Services are eligible for $150 million in total.

This webinar will be for the interested public or private not-for-profit hospitals that are interested in applying for a portion of the $150 million allocated for eligible hospitals.

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