The CMFA Issues $42,610,000 in Low Cost, Tax-Exempt Financing for Brethren Hillcrest Homes

Brethren Hillcrest Homes is a state licensed Residential Care Facility for the Elderly where older adults move in as independent residents and can then transition to assisted, memory, and/or skilled nursing care. This refinancing will allow them to continue to serve their customers in a cost- effective manner and allow for the constructing and equipping the addition of fourteen independent living residences.

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