Interest Reduction

By providing tax-exempt interest rate financing for non-profit health care providers in Washington, the Authority assists providers in reducing their interest costs.

Since it began operation, the Authority has:

1) Issued a total of more than $20.2 billion in tax exempt revenue bonds, of which approximately $5.1 billion is outstanding as of 12.31.23.

2) Completed over 526 separate bond series.

3) Reduced non-profit health care providers’ interest cost by approximately:  $59.9 million in 2018 – $47.9 million in 2019 – $46.8 million in 2020 – $43.2 million in 2021 – $33.1 million in 2022 – $35 million in 2023