Overview
NH Health and Education Facilities Authority
The New Hampshire Health and Education Facilities Authority (NHHEFA) is a public benefit corporation dedicated to assisting non-profit healthcare and educational institutions in the state. 🏥 By providing access to low-cost, tax-exempt financing, the Authority helps hospitals, colleges, nursing homes, and other eligible organizations reduce their capital costs, ultimately lowering the cost of services for the community. 🎓
Financial Services
- Bond Financing: Issuance of tax-exempt bonds to fund construction, renovation, and equipment acquisition for eligible non-profits. 🏗️
- Capital Loans: Administration of loan programs to support smaller capital projects and equipment purchases. 💰
- Refinancing: Solutions to refinance existing debt, allowing institutions to achieve savings and improve financial stability. 📉
Community Impact
Created by the State Legislature, NHHEFA operates without state or local tax funding, relying on fees from its financing activities. It plays a crucial role in modernizing New Hampshire’s social infrastructure, ensuring that medical and educational facilities remain state-of-the-art. 🌟
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