MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY
Appointed by Governor to 5-year terms:
Sheila K. Riggs, Chair (chosen by Governor, 1-year term), 2018
Arnold Williams, Vice-Chair (chosen by Governor, 1-year term), 2019
Thomas E. Dobyns, Esq., 2016; Catherine Ashley-Cotleur, Ph.D., 2017; James P. Daly, Jr., 2018; Richard M. Lerner, 2019; Frederick W. Meier, Jr., 2020; William D. White, 2020.
Ex officio: Nancy K. Kopp, State Treasurer
Annette Anselmi, Executive Director
World Trade Center Baltimore, Suite 1224, 401 East Pratt St., Baltimore, MD 21202
(410) 837-6220; fax: (410) 685-1611
World Trade Center (a pentagonal building), 401 East Pratt St., Baltimore, Maryland, February 2008. Photo by Diane F. Evartt.
Annual Report to Governor due Oct. 1 (Chapter 20, Acts of 1972; Code Economic Development Article, sec. 10-319).
- Annual Report, 2015
- Annual Report, 2014
- Annual Report, 2013
- Annual Report, 2012
- Annual Report, 2011
- Annual Report, 2010
- Annual Report, 2009
- Annual Report, 2008
- Annual Report, 2007
- Annual Report, 2006
- Annual Report, 2005
- Annual Report, 2004
- Annual Report, 2003
Report (with Maryland Higher Education Commission) to Governor & General Assembly on bonding authority to refinance student loans in Maryland due Sept. 30, 2017 (Chapter 290, Acts of 2016).
In 1970, the Maryland Health and Higher Educational Facilities Authority was created (Chapter 408, Acts of 1970). The Authority assists hospitals, related health-care organizations, 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 is funded from interest earnings on investments, and fees charged to participating borrowers.
Nine members constitute the Authority. 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 Economic Development Article, secs. 10-301 through 10-356).
World Trade Center, 401 East Pratt St., Baltimore, Maryland, August 2001. Photo by Diane F. Evartt.
© Copyright May 25, 2016 Maryland State Archives