HUD APPROVES $31 MILLION FINANCING PLAN TO FUND MAJOR ADDITION TO CRITICAL ACCESS HOSPITAL IN SPRINGFIELD, GEORGIA
By HUD -

WASHINGTON, DC – December 7, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to the Effingham County Hospital Authority in Springfield, Georgia. The $31 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.


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http://www.hud.gov/

U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

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Brian Sullivan
(202) 708-0685

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