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Purpose:
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To enter into loan agreements, contracts, deeds, and other instruments for the purpose of financing and refinancing certain facilities, including medical facilities and other facilities owned and operated or used by organizations described in Section 501 (c)(3) of the Internal Revenue Code of 1986. To protect and promote health and welfare of the inhabitants of the Commonwealth of Virginia and to issue its revenue bonds for such purposes. The Authority does this through its involvement with all Inova hospitals; Inova Fair Oaks, Inova Fairfax, Inova Mt. Vernon and Inova Alexandria as well as the Authority's involvement at the Loudoun Hospital Center. The Authority helps to introduce resolutions for Inova Health System Review Bonds for the benefit of the Inova Health Sytem.
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