MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY
Appointed by Governor to 5-year terms:
Sheila K. Riggs, Chair (chosen by Governor), 2013
Paul B. Meritt, Vice-Chair (chosen by Governor), 2014
Catherine Ashley-Cotleur, Ph.D., 2012; W. Gar Richlin, 2013; Arnold Williams, 2014; Thomas S. Bozzuto, Jr., 2015; Frederick W. Meier, Jr., 2015; Thomas E. Dobyns, Esq., 2016.
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
e-mail: aanselmi@mhhefa.org
web: www.mhhefa.org
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).
The Maryland Health and Higher Educational Facilities Authority was created in 1970 (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.
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 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.
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