TITLE

Rural Hospitals Get Much-Needed Help From FHA

AUTHOR(S)
Daulerio, A.J.
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/2/2003, Vol. 344 Issue 31647, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that due to the Federal Housing Administration's Section 242 hospital insurance program, Shoshone Medical Center, a small 15-bed hospital in Kellogg, Idaho, will finally have access to the capital markets and begin issuing debt sometime in mid-July 2003. The Housing and Urban Development's willingness to issue its mortgage insurance policy on behalf of this new hospital class have now opened the tax-exempt capital markets to these small facilities.
ACCESSION #
9986322

 

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