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New Jersey Health Care Facilities Financing Authority, also known as NJHFFA, is the primary issuer of municipal bonds for New Jersey's health care organizations. Established in 1972, the authority is governed by a seven-member board. It offers a wide range of financing programs to health care organizations for the financing and refinancing of their capital projects, equipment acquisition and working capital. The authority acts as a liaison with other state and federal agencies and facilitates the flow of vital information among state health policy makers, investors, providers, rating agencies, bond insurance firms and letter of credit banks. The authority is a part of the state of New Jersey.