Sunday, October 11, 2009

HUD APPROVES $130 MILLION DEAL TO FINANCE EXPANSION AND RENOVATION OF HOSPITAL IN CAYEY, PUERTO RICO

"The U.S. Department of Housing and Urban Development today announced a commitment to insure a mortgage loan to Mennonite General Hospital in Cayey and Aibonito, Puerto Rico, to expand and renovate its Cayey campus. The $129,966,100 loan is made possible through the Federal Housing Administration's Section 242 Hospital Mortgage Insurance Program."

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