HUD Financing Opportunities for Long-Term Care Facilities

With the changes in Georgia’s Certificate of Need (CON) law implemented by S.B. 433, which permits the relocation of all or a part of a nursing home’s beds within the same county, together with the upcoming Fair Rental Value System reimbursement methodology for property costs, nursing home owners in Georgia have unprecedented opportunities to relocate, renovate, or replace their facilities. Unfortunately, these opportunities arise in the midst of a credit crunch, with financing for such projects becoming increasingly difficult to obtain.

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