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Finance/Audit Committee recommends revolving lines of credit for Habitat for Humanity program
Summary
CHFA's Finance/Audit Committee on July 23, 2026 recommended a resolution to establish revolving lines of credit to support the Habitat for Humanity Affordable Homeownership Development Program; the recommendation was unanimous and sent to the full Board for consideration.
The Connecticut Housing Finance Authority Finance/Audit Committee voted on July 23, 2026 to recommend a resolution authorizing the establishment of revolving lines of credit for the Habitat for Humanity Affordable Homeownership Development Program to the CHFA Board of Directors. CHFA Chief Financial Officer Hazim Taib presented the resolution; Commissioner Jorge Perez moved the committee recommendation and Catherine MacKinnon seconded. The committee voted unanimously to send the item to the Board for consideration.
The draft minutes record that discussion followed Taib's presentation but do not include detailed financial terms or credit‑line amounts. The resolution will next appear on the CHFA Board agenda for formal consideration; the committee's action was a recommendation only and did not itself authorize any credit draws.
