Colorado Health Facilities Authority

Name

Colorado Health Facilities Authority

Legal name

Colorado Health Facilities Authority

Website

https://cohfa.org

Company type

Private

Founded year

1977

Operating status

Operating

Ownership category

akta.pro rank

Product category

Healthcare Financing

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

State & Local Housing Finance Agencies (HFAs) (FSALAKAA)

akta.pro secondary industry

Supranational, Sub-Sovereign & Agency (SSA) Bonds (FSACABAD)

Keywords

• Tax-exempt bond financing
• Healthcare capital financing
• Conduit bond issuance
• Nonprofit hospital financing
• Municipal bond authority

Headquarters

HQ city

Colorado

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Bond Issuance Fees: COHFA generates revenue through fees charged to borrowers for issuing tax-exempt and taxable bonds. The organization does not receive any state funds and is entirely self-funded through these borrower fees.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

COHFA enables public and nonprofit healthcare institutions to access tax-exempt and taxable bond markets to finance or refinance healthcare facilities and equipment. Its core offerings include bond issues (publicly sold or privately placed, rated or unrated, with maturities up to 40 years), tax-exempt leases primarily for equipment, and pooled/composite financings for multiple borrowers. The authority is self-funded through borrower fees and does not receive state appropriations.

Product overview

Colorado Health Facilities Authority operates as a unified financing platform offering three core programs: Bond Issues (tax-exempt and taxable bonds), Tax-Exempt Leases (primarily for equipment), and Pooled Financings. These programs enable public and nonprofit healthcare institutions to access the tax-exempt market for financing or refinancing healthcare-related facilities. COHFA's statute does not provide for state moral obligations, and all bond obligations are financial obligations of the borrowing healthcare institutions, not the State or COHFA.

Differentiator

Problem solved

Functional benefit

Products and services

• Bond Issues Tax-exempt and taxable bond financing for public and nonprofit healthcare institutions. Bonds can be publicly sold or privately placed, rated or unrated, credit enhanced or not, bear fixed or variable interest rates, and have maturities up to 40 years. Used to finance or refinance healthcare facilities and equipment.
• Tax-Exempt Leases Tax-exempt leasing program primarily for equipment, structured as capital leases or operating leases under certain circumstances, and coordinated with lessors and vendors selected by the borrowers. Features a lower fee schedule than bond issues.
• Pooled Financings Composite or pooled bond financings that enable multiple healthcare institutions to access capital through combined bond issuances, issued less frequently than standard bond issues or leases.

Named customers3 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• Colorado Hospital AssociationminorOthersCOHFA maintains membership in the Colorado Hospital Association, a professional organization serving hospitals and healthcare systems in Colorado. This membership provides networking and visibility within the healthcare provider community.
• Healthcare Financial Management Association (Colorado Chapter)minorOthersCOHFA maintains membership in the Colorado chapter of the Healthcare Financial Management Association, connecting with finance professionals at healthcare institutions who manage capital financing decisions.
• Leading Age (formerly CAHSA)minorOthersCOHFA maintains membership in Leading Age (formerly the American Association of Homes and Services for the Aging), an association representing nonprofit nursing homes, assisted living, and senior housing facilities. This supports COHFA's focus on elderly care facility financing.

Scale indicators4 records

Recent moves5 records

Direct peers

• Massachusetts Health and Educational Facilities Authority (HEFA): State-level governmental authority that issues tax-exempt bonds for nonprofit healthcare and educational institutions. Direct functional equivalent to COHFA in a different state, with similar regulatory structure and statutory authority.
• Washington State Health Care Facilities Authority: Washington state's bonding authority for nonprofit healthcare facilities. Direct peer to COHFA in mandate and structure, serving healthcare issuers in a different regional market.
• California Health Facilities Financing Authority (CHFFA): California's state authority for tax-exempt bond financing of nonprofit healthcare facilities. Operates with virtually identical mandate to COHFA — bond issuances for hospitals, senior living, and other 501(c)(3) healthcare entities.

Others

• Ziegler: Specialty investment bank that served as lead underwriter on COHFA's recent $44.14M Frasier bond issuance. Acts as a counterparty/enabler for COHFA rather than a competitor, providing underwriting and placement services for bond issuances.

Broad incumbents

• Colorado Housing and Finance Authority (CHFA): Colorado's state-level financing authority for housing and housing-related finance. Sibling entity to COHFA in the same state, serving a different but adjacent asset class (housing vs. healthcare facilities) through similar tax-exempt bond mechanisms.
• New York State Dormitory Authority (DASNY): Large state-level authority that issues tax-exempt bonds for healthcare, education, and other nonprofit institutions. Operates at much greater scale than COHFA but uses the same statutory authority model for nonprofit healthcare financing.

Regional players

• Oregon Facilities Authority: Oregon's state-level financing authority for nonprofit and public-purpose facilities, including healthcare. Regional peer with comparable bond issuance mandate for healthcare and community facilities.
• Indiana Finance Authority: Indian state-level financing authority that supports bonds and other public financing for healthcare, education, and economic development. Regional peer with overlapping healthcare facility financing capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Colorado Health Facilities Authority