FHA COMPLETES TRANSACTION TO SUPPORT EXPANDED HEALTHCARE SERVICES AT THE UNIVERSITY OF MEXICO HOSPITAL

摘要

The Federal Housing Administration (FHA) has completed a mortgage insurance transaction with The University of New Mexico Hospital (UNMH) located in Albuquerque, NM. The transaction, which closed on September 9, 2021, provides FHA insurance on the $320 million supplemental mortgage obtained by the hospital under FHA's Section 241(a) supplemental mortgage insurance program. The transaction will provide funds to allow the hospital to create a new facility to expand its acute care and other services. UNMH is the only Level I trauma hospital and children's hospital in the state and is the closest major healthcare facility for more than half of New Mexico's population.