Children's Hospital Program of 2018 -Children's Hospitals

Who can apply

NonprofitPublic Agency

The following entities are eligible to apply for a Grant under the Children’sHospital Program of 2018: (1) A Children’s Hospital.(2) Children’s Hospitals Applying Jointly.

Where: None.

Purpose

The purpose of the program is to improve the health and welfare of California’s critically ill children, by providing a stable and ready source of funds for capital improvement projects for children's hospitals.

Description

On November 6, 2018, California voters passed Proposition 4, the Children's Hospital Bond Act of 2018. The purpose of the program is to improve the health and welfare of California’s critically ill children, by providing a stable and ready source of funds for capital improvement projects for eligible hospitals. The California Health Facilities Financing Authority (CHFFA) is responsible for administering the program. Language in Proposition 4 identifies 13 children’s hospitals in California (referred to as “Children’s Hospitals”) as eligible for $1.35 billion in funding. The 13 Children's Hospitals designated by statute are the same as the 13 hospitals that received grants under the first two Children’s Hospital Programs also administered by CHFFA and enacted by Proposition 61 in 2004 and Proposition 3 in 2008. The 13 Children’s Hospitals consist of eight private nonprofit Children’s Hospitals and five University of California Children’s Hospitals. Grant awards for each private nonprofit Children’s Hospital was limited to $135 million, less costs of issuance and administrative costs. Grant awards for each University of California Children’s Hospital was limited to $54 million, less costs of issuance and administrative costs. Costs of issuance are $0.75 per $1,000 of the authorized grant award and administrative costs are $10.00 per $1,000 of the authorized grant award. Applications are accepted on an ongoing basis until June 30, 2033 and are due the first business day of each month, except October and November, and will be presented to the Authority the following month. For the month of October, Applications are due on October 7. Applications received on October 7 will be presented for Authority consideration at a regularly scheduled meeting in December or January. Applications are not accepted in November. Applications shall be submitted in duplicate to the Authority. Each Children’s Hospital may apply more than once. Submit completed Application by mail or in-person to: California Health Facilities Financing Authority Children’s Hospital Program 901 P Street Room 313 Sacramento, CA 95814

Important dates

Opened

Feb 22, 2022

Application deadline

Ongoing

Expected award announcement

Ongoing

Period of performance

Ongoing

Funding details

Total estimated available

$774,634,598.00

Estimated amount per award

Between $1.00 and $135,000,000.00

Expected number of awards

Dependant on number of submissions received, application process, etc.

Letter of intent required

No

Matching funds

Not Required

Funding source

State

Funding source notes

State of California General Obligation Bonds

Funding method

Advances & Reimbursement(s)

Funding method notes

University of California Hospitals are only allowed reimbursements (See Section 7013.2 "Release of Funds for University of California Children's Hospitals" in the program regulations) while nonprofit children's hospitals are allowed advances and reimbursements (See Section 7013 "Release of Funds for Non-University of California Children's Hospitals" in the program regulations).

How to apply

Read the full guidelines on the grantor's site, then apply there. Nothing is submitted through this site.

Submission: email: [email protected]

• Grant guidelines & application ↗
• State Treasurer's Office ↗
• Original listing on grants.ca.gov ↗

Questions about this grant: name: California Health Facilities Financing Authority; email: [email protected]; tel: 1-916-653-2799;