Vidalia
HUD Approves $84.7 Million Deal to Construct 65-Bed Hospital in Vidalia, Georgia
First FHA-Insured Hospital Loan in the State of Georgia. WASHINGTON - April 23, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced a commitment to insure a loan to Meadows Regional Medical Center (MRMC) in Vidalia, Georgia to construct a new 65-bed hospital to replace an existing 45-year-old facility. The $84.7 million loan is made possible through the Federal Housing Administration's Section 242 Hospital Mortgage Insurance Program and is the first FHA-insured hospital loan in the state of Georgia.