Capital Needs Funding Initiatives
The Connecticut Housing
Finance Authority (CHFA) oversees the process by which some
housing developments withdraw funds from Escrow Reserves.
Developments that wish to gain access to funds in their
Escrow Reserves to pay for capital improvements, repairs and
other eligible purposes should follow the links below to
Learn about CHFA's Escrow Reserves reimbursement procedures if you manage, own or sponsor a development that was financed by a CHFA mortgage loan or another CHFA-administered funding source.
Learn about CHFA's Escrow Reserves disbursement procedure if you manage, own or sponsor a development that was financed under a state housing program originally administered by the DECD.