FINANCIAL_SERVICESONGOING

CHFFA distressed hospital loan supports turnaround

Sonoma Valley Hospital relies on a $3.1 million zero‑interest Distressed Hospital Program loan from the California Health Facilities Financing Authority to replace legacy bank debt. Repayment has been deferred to at least FY2028, and the loan may be partially or fully forgiven, supporting the hospital’s turnaround.

Document date · August 25, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$3,100,000
Contract type
FINANCIAL_SERVICES
Contract term
July 2024 – July 2032 (repayment beginning FY2028 at earliest)
Renewal date
2032-07-31
Renewal
Original term July 2024–July 2032; an additional 12-month repayment extension was approved in FY2026. Future potential forgiveness could modify effective term, but no automatic renewals are specified.
Document type
AgendaPacket
Source document
Sonoma Valley Health Care District AgendaPacket Finance Committee Meeting 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sonoma Valley Hospital?

California Health Facilities Financing Authority was awarded this financial services contract by Sonoma Valley Hospital, as recorded on August 25, 2026. The contract value is $3,100,000.

How much is the California Health Facilities Financing Authority contract with Sonoma Valley Hospital worth?

The California Health Facilities Financing Authority contract with Sonoma Valley Hospital is valued at $3,100,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sonoma Valley Health Care District AgendaPacket Finance Committee Meeting 2026-08-25 (AgendaPacket), dated August 25, 2026 from Sonoma Valley Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Health Facilities Financing Authority hold?

California Health Facilities Financing Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View California Health Facilities Financing Authority's profile

What is Sonoma Valley Hospital currently buying?

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