NEW ORLEANS, LA —Today, Mayor Landrieu will announce that the U.S. Department of Housing and Urban Development issued a commitment to insure a $97.6 million mortgage loan for the New Orleans East Hospital. The mortgage insurance ensures the project will be on time. The mortgage, insured under the Federal Housing Administration (FHA) Section 242 Hospital Mortgage Insurance program, will support the construction of a full service hospital in New Orleans East.
Since he took office Mayor Landrieu has worked aggressively to open a full-service hospital at the former Pendleton Memorial Methodist Hospital. The $130 million project will restore full-service healthcare to residents in New Orleans East.
Mayor Landrieu, City Health Commissioner Dr. Karen DeSalvo and HSD Chair Ronnie Burns will be available to comment this afternoon on this exciting development.
WHAT: Media Availability about funding for New Orleans East Hospital
WHO: Mayor Mitch Landrieu
City Health Commissioner Dr. Karen DeSalvo
Hospital Service District “A” Board Chair Ronnie Burns
WHERE: Mayor’s Office
1300 Perdido Street
New Orleans, LA 70112
WHEN: TODAY, Monday, October 1, 2012