Benefits of Bond Financing - The Hospitals & Higher Education Facilities Authority of Philadelphia

Municipal bonds or notes purchased through the HHEFA offer substantially reduced interest rates because they are exempt from:

  • Federal income tax
  • State or local tax on the income from the bonds
  • Assessments by the state against the principal of the bonds
  • Tax-exempt bonds issued by the Authority on behalf of its not-for-profit clients provide each institution with the necessary capital to expand, renovate and build new facilities and programs.