Planning a hospital construction project? Searching for competitive financing? The Federal Housing Administration (FHA) may be your answer. FHA helps hospitals access affordable financing for capital projects. Since 1968, FHA has supported the development of hundreds of communities across America by insuring 351 hospital mortgages totaling $12.8 billion. FHA clients range from small rural facilities to some of the nation's top urban teaching hospitals.
U.S Government backing of your hospital's debt greatly enhances your creditworthiness. The resulting AA to AAA credit rating equals lower interest rates and more spending power to build, modernize, expand, refinance and buy equipment. FHA mortgage insurance may be used in conjunction with tax-exempt or taxable financings, and FHA's new streamlined application process enables faster turnarounds.