Healthcare Expansion Loan Program II (HELP II)
Frequently Asked Questions (FAQ)
- Who is eligible for a loan?
- Is there a revenue limitation for district and rural hospitals?
- Does CHFFA have a prequalification process?
CHFFA can help potential borrowers who meet the following requirements:
- Be a non-profit 501(c)(3) corporation, or a public health facility as defined in Government Code Section 15432(d).
- Qualify as a small or rural health facility, or district hospital as specified in the law.
- Annual gross revenues of $30 million or less for small facilities; there is no gross revenue limit for qualifying rural facilities and district hospitals.
- Licensed by the State of California, typically through the Departments of Health Care Services, Public Health, or Social Services.
- Facility is certified, organized, maintained and operated for the diagnosis, care, prevention, and treatment of human illness, or physical, mental, or developmental disability, including convalescence and rehabilitation and including care during and after pregnancy.
Eligible facilities may include:
- Acute Care Hospitals
- Adult Day Health centers
- AIDS Clinics
- Alcoholism Recovery Facilities
- Blood Banks
- Chemical Dependency Facilities
- Child Day Care Facilities
- Community Clinics
- Community Mental Health Facilities
- Developmental Disability Facilities
- Diagnostic or Treatment Centers
- Group Homes
- Multilevel Care Facilities
- Psychiatric Facilities
- Public Health Centers (e.g. District Hospital)
- Rehabilitation Facilities
- Skilled Nursing/Intermediate Care Facilities
No, district and rural hospitals are exempt from the maximum gross revenues limit of $30 million.
CHFFA has a pre-screening process for determining an organizations eligibility and financial viability. For more information please contact staff at (916) 653-2799.