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How Do We Serve Healthcare?
Photo of a Doctor in white coat and wearing a stethoscope.The Michigan State Hospital Finance Authority staff assists healthcare institutions finance healthcare facilities and equipment through:
  • Providing front-end analysis and advice when borrowers are deciding among financing alternatives and credit enhancements.
  • Having high quality experienced professional staff members.
  • Confirming bond-pricing levels are appropriate.
  • Expediting the financing process.
  • Verifying that costs of issuance are appropriate.
  • Having the ability to issue one series of bonds for multiple locations throughout the state of Michigan.
  • Offering assistance in the determination of eligibility of borrower and the project for tax-exempt financing.
  • Working with underwriter and financial advisor in creating new financing products that benefit our clients.
  • Advocating for the continuation and improvement of tax-exempt financing.
  • Maintaining professional competence through membership in the National Association of Health and Educational Facilities Finance Authorities.

Healthcare Facilities Finance
Bond Program for hospitals, nursing homes, homes for the aged, hospices and certain retirement housing providers to finance and refinance the acquisition, construction, improvement or alteration of hospital facilities and the payment of project costs.

Healthcare Equipment Loan Program
The Healthcare Equipment Loan Program (HELP) is a tax-exempt financing plan that offers Michigan health care organizations a low-cost alternative to conventional methods of borrowing for a variety of capital-related purposes. HELP involves a group of borrowers participating in a single bond issue and sharing the costs of issuance and administrative fees associated with the bond issue. More >

Contact Bond Finance

Location:
Austin Building, 1st Floor
(Formerly Treasury Building)
430 W. Allegan
Lansing, MI 48922

Mail:
P.O. Box 15128
Lansing, MI 48901

Phone: (517) 335-0994
Fax: (517) 241-9509

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