Commissioners approve financing resolution enabling multi‑county nursing home acquisitions

Oct 8, 2024

The court approved a resolution allowing a nonprofit financing corporation to issue up to about $370.7 million in bonds to support acquisition of multiple nursing homes across East Texas, including facilities in Harrison County; county action carries no direct cost, officials said.

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Commissioners voted to approve a resolution authorizing financing by the New Hope Cultural Education Facilities Finance Corporation for Superior Living Foundation Inc. to acquire skilled‑nursing health facilities, part of a multijurisdictional bond package with a maximum principal amount discussed at roughly $370.656 million.

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