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Northbay Healthcare Secures Tax Exempt Financing Through the CMFA

The CMFA recently approved a $31,960,000 transaction for NorthBay Healthcare Group. The Borrower is embarking on a multi-phase construction project to renovate and expand its NorthBay Medical Center facility located at 1200 B. Gale Wilson Boulevard, Fairfield, California. Bond proceeds will be used for the first phase of the Fairfield Campus Expansion Project which includes construction, architectural and design work as well as the purchase of equipment related to the Fairfield Campus Expansion. Phase 2 is expected to begin late 2015 or early 2016 which will include the construction of a new patient wing at the NorthBay Medical Center site.

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