Historically, capital investments required for rural hospitals to modernize facilities have been unavailable, but the expansion of the USDA Community Facilities Program, the stabilization of finances with Critical Access Hospital (CAH) status, and other federal programs over the past decade has changed the equation.
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Encouraging News from the Financial Market
Our rural healthcare capital partner, StroudwaterGCL, published an article sharing information about securing USDA loans for healthcare facilities, and the best practices in doing so.
According to the article, the USDA Community Facilities Program has provided more than $3 billion in loans annually, a ten-fold increase over the past decade.
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Rural Healthcare Deserts Must Be Eliminated – And Infrastructure Can Help Do It Without sustainable and strong infrastructure, these rural communities – many of which are agriculture-based – cannot function or thrive. Read Article -
USDA Loan Application Checklist Use this easy-to-follow USDA loan application checklist to help you gather the information and documents you’ll need for a successful and stress-free application process. View Checklist