Health Care Loans
Health Care Financing has been an important sector for the REED Fund. Whether it is a medical clinic, hospital, long term care facility or emergency services, REED fund recognizes the importance of access to quality care. Financing can be for buildings or equipment. These projects can compete nationally to receive a 0% loan for a 10 year term.
All borrowers are encouraged to integrate energy efficiency in facilities and construction. Purchase of electricity from a REED member cooperative is NOT required to receive financing. For more information, check out Eligibility and Application, for qualifications and to obtain an application.
Some loans for health care projects are able to qualify for a loan through USDA’s Rural Economic Development Loan and Grant (REDL&G) program. These projects can compete nationally to receive a 0% loan for a 10 year term.