Ex officio: Nancy K. Kopp, State Treasurer
Annette Anselmi, Executive Director
401 East Pratt St., Suite 1224
Baltimore, MD 21202
fax: (410) 685-1611
The Maryland Health and Higher Educational Facilities Authority was created in 1970 (Chapter 408, Acts of 1970). The Authority assists hospitals and educational institutions with financing for construction, site acquisition, and capital equipment. Private nonprofit health and higher educational facilities may use the Authority as a vehicle to issue tax-exempt bonds and thereby pay a lower rate of interest.
The Authority consists of nine members. Eight are appointed to five-year terms by the Governor. The State Treasurer serves ex officio. Annually, the Governor designates the chair and vice-chair. With the Governor's approval, the Authority names the Executive Director (Code 1957, Art. 43C).
November 5, 2002
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