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 $19.4 billion in tax exempt revenue bonds, of which approximately $5 billion is outstanding as of 12.31.2021.
2) Completed over 508 separate bond series.
3) Reduced non-profit health care providers’ interest cost by approximately: $67.9 million in 2016 – $60.6 million in 2017 – $59.9 million in 2018 – $47.9 million in 2019 – $46.8 million in 2020 – $43.2 million in 2021