Posted on: July 25, 2017

Bond funding for new West Creek hospital inches forward

The county’s economic development authority last week gave an initial approval for a bond issuance of $76.5 million for a 25-acre rehab hospital planned by Sheltering Arms and VCU Health.

The debt is being applied for and will be repaid by Sheltering Arms. The county is acting as a conduit in the process to get the bonds floated.

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