Our Purpose
Assist non-profit health care providers in Washington minimize their capital costs of construction, financing and use thereof in an effort to lower the expense of health care services by providing a combination of:
Access to the tax-exempt capital markets
Information on the capital markets, and
Low cost financing alternatives.
Agency Summary– click here to download a summary of the agency.
Interest Rate Reduction Realized by Our Clients
By providing tax-exempt interest rate financing for non-profit health care providers in Washington, the Authority assisted providers reduce their interest costs by over $50 million in calendar year 2006. Click here to download the 2002 through 2006Interest Rate Reduction
Debt Service Report– click here to download a copy of the latest debt service report
Services Provided to Clients
- Access to tax exempt interest rate financing
- Knowledge of capital markets
- Current interest rates
- Financing process timeline projections
- RFP’s for services: Underwriter and Trustee services. Call or e-mail for sample form.
- Average useful life computation program. Call or e-mail for sample form.
- Debt capacity analysis, rating analysis. Call or e-mail for these services.
- Quick Notes: Summaries of legal requirements for tax exempt financing – federal tax and security laws. Quick notes topics include:
- A Brief Expose on Due Diligence or (Don’t Lawyers Have Anything Better To Do Than Read Minutes?).
- “Federally Guaranteed” Bonds Are Not Tax-Exempt . Limitations on Contracts in Bond Financed Facilities.
- Reimbursement of Prior Expenditures From Tax-Exempt Bond.
- “TEFRA” Notice: Public Hearing and Approval Requirements With Respect to Private Activity Bonds.
- Call or e-mail for copies.
- Loan Programs
Our Purpose
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