California Health Facilities Financing Authority

Healthcare Expansion Loan Program II (HELP II)
Frequently Asked Questions (FAQ)

FAQ Index

 

General Information

What is the HELP II Loan Program?

The HELP II Loan Program was created by CHFFA to improve and expand access to healthcare by providing small and rural health facilities and district hospitals with adequate financing for their capital needs.

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What is the maximum loan amount and interest rate?

CHFFA currently offers the following loan types and terms.

Loan Types and Terms*

  Equipment & Furnishings Refinance Purchase, Construct, & Renovate Real Property
Interest Rate 2% 3% 2%
Loan Amount $25,000 - $1,500,000 $25,000 - $1,000,000 $25,000 - $1,500,000
Amortization 5 years 15 years 20 years

* Loan terms are subject to change.

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How long does it take to obtain financing after the loan application is submitted?

Generally, loans may be funded as early as 30 days after a loan is approved by the Authority.

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How do I apply for a loan or get more information about the HELP II Loan Program?

The HELP II loan application is currently posted on our website. For more information, you may contact staff at (916) 653-2799 or email us.

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