*FOR IMMEDIATE RELEASE*
PR CONTACT: Frankie Gallagher
Hazel Hawkins Memorial Hospital
Phone: (831) 636-2644
HAZEL HAWKINS MEMORIAL HOSPITAL RECEIVES ASSISTANCE FROM STATE PROGRAM FOR ROOF REPLACEMENT
HOLLISTER, CA – JUNE 7, 2021: Hazel Hawkins Memorial Hospital (HHMH) was granted the approval for a $2 million low-interest loan through the State of California to replace a 50,000-square-foot roof covering most of the main hospital which includes the areas of Medical/Surgical, Pharmacy, Respiratory Therapy and Dietary departments. This replaces the original roof of the hospital which was built in 1960. The project will be sent out to bid later this summer and the construction of the new roof will take place in the Spring of 2022.
The two percent, 20-year loan was issued through the California Health Facilities Financing Authority (CHFFA), chaired by State Treasurer, Fiona Ma. The loan comes from the Healthcare Expansion Loan Program (HELP II), administered by CHFFA. The program is aimed at small and rural facilities, which often do not have access to low-cost loans.
“This demonstrates how low-cost financing can play a critical role in preserving access to health care for an entire community,” said Treasurer Ma. “A new roof ensures that the hospital will thrive for years to come, which is especially important because it is the only one in San Benito County. The next closest hospital is at least 30 minutes away.”
“We appreciate the collaboration with the State and the assistance from Treasurer Ma’s office” states Steve Hannah, CEO. “This loan allows us to replace the aging infrastructure and ensure our facilities are safe and secure from the elements and we won’t have to halt services due to issues with water intrusion.”
The HELP II Program started in 1995, having superseded the HELP Program that began in 1988. Through this self-sustaining program, low-interest rate loans are available for the purchase of real property, construction/renovation, purchase of equipment and furnishings, and refinancing of existing debt to eligible health facilities. Other eligibility requirements include evidence of fiscal soundness, ability to meet terms of the loan, and no more than $30 million in annual gross revenues. The latter requirement does not apply to district hospitals and rural health facilities.
About Hazel Hawkins Memorial Hospital
Hazel Hawkins Memorial Hospital is a full-service, public agency hospital delivering modern medicine and compassionate care to the growing San Benito County community. HHMH offers hundreds of health services across multiple locations, including top-tier specialists, a modern ER, and a state-of-the-art Women’s Center. To learn more about Hazel Hawkins Hospital, please visit www.hazelhawkins.com.